Etoile Brilliant

Sentiment Overview: Cash is King

I held cash in my Internax trading account. On Friday after Fortis' share price dropped 26% (the JV partner in Internax who holds my cash) I telephoned my dealer about my concerns. If Fortis goes bankrupt, the stocks are in your name and only your first Euro 30k are insured.

Cash is NOT king when there is no where to hide it. I moved it into a diversified government bond fund for last resort.