Poly ...

Reading that National Post article made me feel like shooting myself. The sky's falling! The sky's falling!

No doubt there's going to be a rough spell, and Canada will feel the effects. However, Canada added jobs this past month; the US lost jobs. Something must be going right.

Canada's federal government continues to pay down debt. Mr. McGuinty in Ontario may not like it, but balanced budgets and less debt allow our governments to ride things out. Same advice goes for the individual investor.

In the last month I've trimmed my portfolio a way back; however, I've kept all of my McFaulds' plays including NOT, which I recently added to. I'm out of financials and American Depository Receipts (ADRs) like CVRD, but I still have three oil plays.

Commodities, at this time, are in my opinion the safest bet. Moreover, I still have some dry powder if there is a small downturn.

Finally, McFaulds and NOT are the best play in town. They are exciting - possibly the biggest Canadian area play every - and have momentum. Ride 'em baby, ride 'em.

Snug