The Dow Is Down 7.79% - The Biggest Drop Since 1987

Jim,

Here goes the market again.

The Dow is re-visiting its low of the day. The Dow is making new lows for the day, down almost 2100 points, or more than 8%…

If this holds it will be the biggest daily market drop since October 1987’s complete collapse…

Regards
James


James,

Wow! I hope you are still in TLT: up almost 5%

Best,

Jim

Jim,

I am still 100% in TLT/GLD (50/50).

Gold is not rising as much.

Regards
James

Gold is getting sold off at times to raise cash.