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Saturday, 03/17/2007 9:57:25 AM

Saturday, March 17, 2007 9:57:25 AM

Post# of 173813
MSGI rogue Wade - Fear & Greed

Thanks for the comments on the S&P70dma chart and for listening to Don Coxe.

First, I have never had so much cash. I have decided it's time for me to move to the sidelines for a while. The market is very murky for me these days. I have had a huge run in my metal stocks since the beginning of the year and decided caution is my best bet.

When I need to make big decisions I make a list of Pros and Cons and see which side of the page out weighs the other. The cons side is winning! The biggest question is what the extent of the bad loans are, do they reach into most of the financial institutions and are they hiding how bad it really is? Are foreighn countries holding a ton of worthless paper and haven't figured it out yet? What is the Fed going to do here, lower rates to save the housing/mortgage folks? Raise rates and defend the dollar and foreign investment in bonds? Either way, whatever the Fed does it is going to have a big impact on some major part of the equation!!

Until I see more evidence of what is going on I am going to sit it out. Too much stress to watch every tick. It is the busy season for our zinc fertilizer products and I am focusing on the ticker JOB for now.

Good Luck Whatever Happens!

Kipp

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