, ‘Sell techs, sell rallies, sell stock indexes, be short, don’t be long. Own Treasuries, gold, and be as defensive as you can. There is very little safe ground here. It’s like you’re in the middle of quicksand and you are looking for something to stand on while everybody else is sinking around you. And unfortunately most institutions are not positioned correctly. The next 12 – 18 months are going to be a real shakeout.