Thursday, August 05, 2010

Remain in $Cash - No Need to Gamble Ahead of Tomorrow's $Job Report

Market continues to muddle at a critical level.  With tomorrow's job's report looming, any longs or shorts ahead of it would be nothing more then a spin of the roulette wheel bet.  Irregardless of the number, whatever direction the market chooses to take tomorrow, there will still be plenty of time to participate on either side of the trade. 

I've personally been taking some well needed time off, peaking in from time to time of course.  So stay patient and prepared.  With the summer doldrums upon us, you might be well served in joining me on a mental retreat.  Whatever you miss in August, is generally more then made up for in the fall.
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