Number ONE Board

[Bellman]

Bear says troubled funds have "very little value"

http://www.reuters.com/article/topNews/idUKN1726029320070717?rpc=44

The upshot of this is a two edged sword. We will probably
see intermediate real estate values recede and they will
have a short term effect on equities.

What does all this mean to the investing public?

Equities should have a strong recovery after any pruning,
albeit, a correction if you will. But in the months ahead
the New Bull will be prancing on solid turf and moving
the world economies to new, higher levels.

Real estate will continue to settle until it finds an
equilibrium of supply and demand where in the near term
it appears there is more supply than demand. Obviously
as history teaches us, in time, the tide will turn.

The good part is the equity market is the place to have
your funds, if you are resilient enough to weather the
brief storm and not be over extended.

The New Bull will be in overall control for the next
twelve to fourteen months. Just be sure you are nimble
enough to run with him.