DON'T FOCUS ON MAKING MONEY; FOCUS ON PROTECTING WHAT YOU HAVE……PLAY GREAT DEFENSE, NOT GREAT OFFENCE….THEN THE PROFITS WILL FOLLOW' PAUL TUDOR JONES

If there is ever a time to follow our basic philosophy, borrowed from Paul Tudor Jones, it is now. The market over the past year or so is a remarkable reflection of the FTSE 100 seven years ago. If it should continue then a great defence will be essential if you are to protect your capital.

STAGE 1

The break of the FTSE 100 trading range on the 16th January 2008 trumpeted the start of a downward trend with the two week chart breaking down out of the range and showing a lower low. The first stage was complete.

STAGE 2

A continuation of the 7 year reflection meant a short rise back to the bottom of the range followed by a severe collapse. This presents a short term buying opportunity although it might only prove to be a dead cat bounce Our position at this time was a holding of a short term ungeared position in Teva; 33.33% in a rising inflation linked stock and a short term holding in lead. We were happy at that time to be in such a reasonably liquid position.

When the break of the range in 2001 occurred it fell by 13% then rallied back to the range and was followed by a 30% drop. The initial breakdown and modest rally have already mostly occurred so now is time to exercise patience and look for those shorting opportunities when all others will think the worst is over.

We still own inflation linked stocks, Teva Pharmaceutical, our highly profitable Lead position together with a sharply rising Cocoa contract We now have longs for Questar, The Nasdaq, I shares for South Korea which we are monitoring daily and will liquidate when we are not happy with them.

THE NEXT STAGE

We are finding a rapidly increasing number of future 'shorting' opportunities. Our first short trade Bellway is doing very well to date.

Why not join us via our educational Zenith Service or our management services starting at £100,000 with strategies from ultra defensive through to ultra aggressive.

The future looks bright at GML as evidenced by our recent record number of new subscribers who are recognising our ability to glance into the future and have the ability to take advantage of this ability. As markets are getting dangerous delay could be costly…very costly.

For instance see our sell signals of seven years ago and the huge savings our subscribers made when requesting our guidance from our Zenith 'Requests' facility. This facility is still a feature of the Zenith Service and all those with managed accounts have the same advantage.

DON'T OVERLOOK THE OPPORTUNITY OF A LIETIME

The overwhelming opportunity, probably the opportunity of this century, will be available at the bottom of this great Bear market which is now underway. I am reminded of the bottom of the 1972/1975 when a 300% rise was enjoyed within a 3 month period but only by those who were able to isolate the lows and had the capital to participate. Now is the time to accumulate the knowledge.