Friday, February 29, 2008

Market Insight and JRJC Commentary

Firstly, we want to affirm our bearish stance on the stock market. The Employment report on March 7th will bring more losses to investors and we see the 1,270 S&P level being tested. We urge you to be patient with new money at this point in time. We recommend our readers hold their short position in JRJC unless it closes above $21.28. Anything above that price target would break our Commandment of maximum loss from the $18.50 point and we always obey the 11 Commandments. Best Regards from Psychology of the Call team.

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