Below is an email sent to clients this morning. Clients receive updates throughout the week and access to our morning conference calls. Everyone is invited to our Sunday Night Crisis Conference Call anywhere we will discuss the financial crisis, How To invest and I will take Questions. If you are not registered, here is the link to obtain the access code. . . and there is no charge for this Open Call - https://www2.gotomeeting.com/register/679785138

Hello Everyone,

Great news from our time with TradePMR. These guys blow away anything we have seen from Fidelity, Ameritrade, Interactive Brokers, Trade Station or anyone else we have spoken with. We are very happy with the decision we made. The TradePMR trading tools for our platform are tremendous . . . and these guys answer the phone!

For our managed accounts, we are in the process of moving you over. It may take another week or two, but all is well. We wrap up our visit today, and I will be preparing all weekend for the Sunday night Conference Call.

Market Update - We are in great shape. My call for a lower market has fallen into place perfectly. I couldn't have asked for a steadier decline than this. We made tremendous profits on our trades and there is more to come. I believe we go lower today, but there may be some short covering prior to the weekend break. This one is a coin toss. However, if we see short covering today, I would use it to add to short positions in anticipation of moving down another 10-15% overall with many of our target prices well in excess of a 10-15% trading gain.

There is no good news in the wind or coming next week. The jobs numbers were bad and are getting worse. We could see another 600,000 job losses this month, even though it is a short month. You're not going to hear much about that, but February has 10% fewer days than a 31 day month.

The positions in our spreadsheet are all still viable. I believe we move lower again today and moving forward until we get down below 6500. At that point, we will look at a number of factors.

Could we see another roller coaster ride up? Yes. There is no telling what kaka can and will come out of Washington. One thing in our favor is the inability for Obama's team to play well together. These guys are in their own ego-driven world. Much more on the call Sunday night.

I hope you pulled the trigger on our Whole Foods short yesterday. That was truly a gift. We waited till the end of the day, just to make sure there wasn't something behind the move. This company, along with Starbucks are where they are because of anal-cysts that have been pumping their clients full of this kaka. Pension funds and other fiduciary accounts are full of this toxic kaka, and when they realize just how bad things are, these will crumble accordingly. Be patient. We just saw many of our positions turn in our direction after some painful roller coaster dipsy doodles.

Managed Accounts and New Fees - I think we have a final version of our fees and accounts we are going to offer. I realize a lot of you want to do your own trading, but our new platform will make that unnecessary if you have any faith in our research and trading selections. You will not be able to match the speed and integrity of our new platform with TradePMR. I've tried to make the fees workable for everyone. I am open to suggestions, and these might change accordingly, but I think we have found a good mix for everyone. Unfortunately, we will not be able to accept accounts under $25,000. One problem is the cost of trading commissions that will erode the principal. The other problem is we must charge a fee, and this would be much too large a portion of the principal. For accounts under $25,000 we will try to come up with a plan to put together a static portfolio that will mean a 2-3 year hold on positions.

In any event, I hope you all consider our managed account platform. Trading and reporting will blow you away. We will have a sample report to send you within a week or so. It is better than anything we have seen from the other institutions that courted our business.

Here is the link to our Managed Account information - http://www.morgan7.com/managed_portfolios

If you have any questions, please save them for the call Sunday night, or send them in advance via email and I will address them on the call.

Posted by David Good
Director of Operations