This is not a drill. I’m out of the market completely.

In this video I explain why I’ve liquidated every majorposition, what I’m seeing in the NASDAQ Composite and S&P 500, and why Ithink this market is no longer tradable.

This isn’t about missing upside. This is about protectingcapital.

We’re now in a regime where liquidity is unstable, moves areviolent, and outcomes are increasingly driven by policy intervention ratherthan price discovery. That’s not a market I want to be exposed to.