The way I see this is, investors are nervous because we now have a president that no longer has to worry about what he does, because he doesn't have to run for another term. This could translate into a heavy handed approach rather than the bi-partisan approach he talks about. With this in mind investors that are worried are taking money off the table and taking a wait and see approach. I see that as and eventual buying opportunity to get more units of LINE with a higher yield than it currently has. I have dry powder and will pull the trigger after the dust settles. Don't know how long that will be, perhaps weeks, or might not be until after the new congress is sworn in.
Then you also have to add to the above that we are taking a double whammy because we are also into the post-distribution sell off period, so things may actually look worse than they really are.
The only thing that he said that makes sence is having dry powder. Seeing how the end of the year is gettig closer. You should exspect some selling off with bounces in between. How long have you been in the market?