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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.52-4.4%Dec 29 4:00 PM EST
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To: TobagoJack who wrote (7058)6/8/2006 2:08:56 PM
From: energyplay  Read Replies (1) of 218819
 
Problem is, the group is called the Plunge Protection Team, not the "Hedge Fund Profits Protection Team" or the Bear Market Control Team.

I have cash, some bear funds, some CanRoys (Vermillion, Peyto, Advantage) which are sliding down, and some very small stocks which are well under expected future value and should have big upside events (GPXM, Mercator CA:ML) and some smaller pieces of some other stocks.

So far I am down around 0.8% today.

The bear market funds evaluate after the close.

I don't like it, and I expect it to continue for anohter month more or less.

I expect some of the small value stocks to move up when positive news comes out. I also think we may see some selecti ve buying in some segments before the general market stops dropping.

That's why I am keeping my long positions.
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