Friday, May 14, 2010

Yeah, it's real - part II

On May 4, I posted "Yeah, it's real" saying it felt like January again and a decent correction was coming. Little did I know the Crash of 2:45 would shake things up so much. But here we are a week later and a trillion in the hole for Greece and guess what, the market is even weaker than before.

Can't reveal what we're doing in the newsletter but you can be sure we are not buying dips like the fundamental portfolio managers are telling us to do on the tube.

And your new favorite movie should be "Austin Powers in Goldmember."

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