In the Strategy piece today we make the point that the precipitous moment we saw in the market at the end of last week appears to have passed but we're happy to be in cash waiting for the break than sitting fully investing hoping the market can extend its hair on fire recovery rally and fearful that it can't. We have all the power, no risk and we await the next trend. Today we talk about the idea that there may never be a second wave and we talk about being cute in a big uptrend. Happy to go into the weekend with no risk - our main worry is that we could be making more money. We can wear that for now.