Trade Update

On Thursday April 3rd we recommended shorting device maker GRMN ($54-$55). Although we still feel our initial thesis is in place, we want our readers to take the 20%+ profit and enjoy the weekend. In addition, we remain confident in our suggestion to aggressive portfolios that short positions in FXI, BIDU and JRJC will be rewarded. On Tuesday April 1, Hank Greenberg shared his opinion on the current market and we posted it here because we valued his comments. Perhaps it's time to read them again. http://psychologyofthecall.blogspot.com/2008/04/hank-greenbergs-opinion.html