"We are still cautious on the potential future dilution from further prospective capital raises for the group as well as continued higher losses related to credit and asset deflation, " he added.

BBC: Citigroup shares jump on bail-out

Intel hasn't confirmed any of the strategy, so we'd still be very cautious before making any presumptions.

ENGADGET: Intel rumored moving to non-upgradable desktop CPUs with Broadwell

So while we have grown more cautious for the current quarter, we are still confident that the long-term drivers of semiconductor equipment business remain intact.

FORBES: Trouble For Chip Equipment Stocks: Novellus Q3 View Whiffs

"I'm still cautious on this sector until we have more clarity as to the pending health care legislation, " he says.

FORBES: Intelligent Investing Panel

We have still got positions in the Singapore dollar but remain cautious on the rest of the region.

CNN: QE3 triggers fear of new currency wars

And we can do all of this while still being wise and cautious.

FORBES: The Lies We Tell Ourselves That Hold Us Back

We still think FSLR is a long-term winner but remain cautious, given its valuation premium.

FORBES: First Solar Sags; Some Analysts Back Off After Weak Outlook