Executive Summary

• The 8 defensive actions I've taken in the past 6 weeks
• The 2 lists you should have prepared in case things unravel from here
• How to hedge against a market correction
• In terms of preparations, it's much better to be a month or two early than a day late

If you have not yet read Part 1: Making Sense Of The Sudden Market Plunge available free to all readers, please click here to read it first.

Nothing forces us to know
What we do not want to know
Except pain.

~  Aeschylus

My personal standard of issuing an Alert is that I have to come across a piece of information that causes me to personally take some sort of action.  While I don’t have any particular piece of news – rather I have the assortment of data points listed in Part 1 of this report plus some that did not make it in – I am finding myself increasing my personal preparations. 

I am being extra cautious these days, weary of sending out yet another report to ‘be cautious, and prepared’ only to have the “”markets”” rocket back up  a few days later for no reason and on no news.

Further, I take no joy in calling people to battle stations time and again.  First, there’s reduced effectiveness from crying wolf too many times.  People begin to tune out after a short while.  Second, I don’t want to limit anybody’s experience of joy and fulfillment in life.  Why operate at a low-level of anxiety or dread if one can just safely ignore all the warning signs without suffering any ill effects? 

But here I am, quietly and persistently increasing my levels of readiness and that’s something I feel I should share with you.