1.04.08

           The market has been misbeheaving with the ranks of the the Pros being thin due to the Holidays. Come Monday we will be at full force and get a much better idea where we are going from here. If it wasn't for the turn into a new year we would have triggered a Sell signal with the action so far. Be alert this next week, we may be getting a signal change early on in the week. We have faired quite well in this bad market. For the first three days of 2008, the NDX and the R2K are both down 5.82%. That's close to 2% per day. We chose to be in the Dow and the SP500 and only with a total risk factor of 50%. Our 3 day loss equates only to a 1.84% total for the period. This is a first hand lesson in "Risk Management".  If you can learn how to handle fear and greed both, you're well on your way to being a better investor. Everything is oversold right now, so we have a high probability of a nice rebound. We will soon know.

   Till next time

  The MTA Staff