At the moment I am pretty light stocks again. We have had a good run and I have been as usual selling into strength the last few months ($TSLA $YELP $GOOG for example).
I am mad watching my Latin American bellweather internet stock I own give back $30 from it’s post earnings high, but this happens when you hunt and own the big winners.
I generally let price take me out of the market and when I am sitting on cash, I get nervous. I read a lot more looking for new ideas and catalysts and I spend too much time worrying about being underinvested and when and how to put money to work.
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