My perception of risk in the market has elevated to a level that I last witnessed back in February, so LIONX has moved to an all-cash position. I am not saying the market will crash this week, but the risk of a steep decline appears to too great, in my opinion. I believe the S&P 500 Index needs an infusion of fresh new money to overwhelm sellers and blast through this all-time high line of resistance, but I do not see that happening unless congress passes another massive spending bill. If the old stock leaders resume their leadership role or new ones take over, I will do my best to get back in sync. As you can see, LIONX is a mutual fund but I manage it like a hedge fund. I manage the risk and the market determines the return. Grace & Peace to everyone!