You don't want to waste money when times are hard.
If you look at the % winner board for the day and see no stock is really up over 15% out of the 10,000 stocks trading on the exchanges.
That's telling you your chances of making big % gains are very unlikely today.
Conversation
Yes, you are absolutely correct. Went to 90% cash today, the system might have fired a warning shot today, the latter half of the day was not good. Must be cautious if you're gonna stick your head out there. Sell gains quickly, cut losses even quicker.