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Politics : Foreign Affairs Discussion Group

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To: michael97123 who wrote (237964)	7/26/2007 4:56:19 PM
From: carranza2	Read Replies (2) of 281500

The selloff in SONS was overdone. I still have a substantial profit as my buying started at 3.8 and change and I added to the core position I think as low as 3.5. So, yes, prudence demands a bit of profit taking. Recycled the profits and some other profits into a yen ETF and money market. Bring Mr. Bear on, I am locked and loaded. Seriously, I think we are in for a serious and long lasting correction. There are too many things wrong with our economy, from the clowns who fiddled real estate loans to puff up the bubble, to higher interest rates, to fudged figures for inflation, to the addictive drug called excess liquidity, to trade and budget deficits, to opaque hedge funds, I could go on and on. So, put on your seat belt. The ride will be wild.

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