Monday, April 14, 2014

Cash is not bad

"I've always told people there are three things you can do in a bull market," Gartman said. "You can be really really bullish. You can be pleasantly bullish, and you can be neutral. It's time for neutrality."

"I'm amused at people who say, 'You can't just hold cash.' Of course you can. If you held cash for the last year, you felt it, You lost money, or you were lagging well behind. But cash right now might not be such a bad place to be for the next month or two."

Via -