The Best Defense

The best defense can sometimes be the best offense is more than true..."several rules of thumb" a) Never swing for the fences b) Under worst case scenarios for the market make sure you are comfortable with your investments c) A balanced portfolio is 1) Seeking capital appreciation 2) Is also balanced with an income producing majority 3) Seeking capital protection
4) Maximum tax tax efficiency 5) Must look long term.

The vast majority of money being managed today is over traded and many times the opposite of our guidance above. The markets swings in the past few days, Oil up and down, tech up and down demonstrates how short term the majority of the volume has become...

The market remains extended and ready for a technical correction similar to last spring 2006.

Danny Boy seen here with a close friend who for the moment enjoys an offensive playing capability over Danny, Danny knows this is only short term....as he will be twice this size very soon...Danny looks long term!