Beware of oncoming train

Posted on Mar 23, 2009 by in Letters

In case you hadn't noticed the rally is on.  Hedging and scaling out are in order.  This may carry on for some times judging by the market today.  If you paid heed to our recent posts you shouldn't be discomfited.  A chance to take some profits (a little later) and short some more.  For the moment the bear hunt is on.

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