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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject2/25/2002 2:14:29 PM
From: KeepItSimple  Read Replies (1) of 436258
 
I noticed in the press release from GM this morning where they raised yearly estimates and said things were brighter than ever- at the bottom they "mentioned" that they were going to float 2.5 billion dollars in bonds.

Um, seems a bit misleading to me. They had to say SOMETHING to keep the stock from tanking- taking on that much debt out of the blue doesn't seem like something a company would need to do if their biz was really going gangbusters.

Just another day in the casino, trying to figure out the best way to scam the investing public.

I'm closing out all my poots here and going clown long. No way to fight the tape anyway, CNBC and every news outlet is repeating that the recession is over, and if they say it long enough it will happen- at least for a while.

Just pick the trashiest, most speculative naz crap and go long via calls. Free money, and no risk. Not for a few weeks at least. We're going straight up.
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