Great day!

I woke up this morning with the urge to buy more IO. It has been in a free fall for a while and lately I noticed that it firmed up in the $13s.
LATE AGAIN - it is up ~15% today. At leat I own some.

Today is a classic bad-news-is-good-news day.

Today we hit 22% return YTD - not too shabby - nearly double the market's return. We could hit another 30%+ year.

I am going to sit on some cash (~6% of portfolio value) for the next down swing. I want to add TRID