Archive for September 2008

Nothing Really New

Please refer to the last two days comments, they still hold as our views.  Our best guess is that a modified rescue program will be enacted in the next week. Gold and oil have tested the top of their trading…Continue Reading →

Position Update

We have cut total net long positions from a leverage ratio of 1.25 to .18 today. Most of our sales were made on the opening. The stock market still should go somewhat higher in the near term and we are…Continue Reading →