BAGAKOAA; JULY 21, 2010

I am headed off to Yellowstone to do death by fishing.  I watched Bernanke try and answer questions put forth to him and it was interesting to watch him be the pawn of the Senators posing the questions.  My take is watch for the GDP number to be down and the market take a sizable hit.  Make sure your stops are in place and if you got cash, look to buy on the dips.  In the meantime pick up a copy of Active Value Investing: Making Money in Range-Bound Markets by Katsenelson.  This would be a great time to read up on how to make money if a truly funky market.

SALVE LUCRUM