Friday, March 7, 2008

FRIDAY 7 MARCH

On 28 February, in a piece entitled 'The Foundational Crack Revealed: Mass Confusion' we wrote: "We see the "biggest hammer being wielded" in anticipation of the Unemployment Number on March 7. This hammer will not be kind to those who are long stocks and investors should shy away from adding to any positions until after that date. Your Cash Will Be King as you sit and listen to the confused talking heads on CNBC and other for-profit channels." We hope that you took our advice and obeyed the 2nd Commandment of Trading: "Cash is King".

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