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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (11841)9/21/2007 5:00:35 PM
From: Smiling Bob  Read Replies (1) of 19256
 
Desktop comp was fried when I came in this morning, but eventually got the laptop on the DSL. Awkward, but did what I
could

Able to salvage the McDuks for a qtr.
CROX were rendered worthless along with many many WFMI, AAPL and FXI. Huge losses there. Big Ben cleaned my clock. But the banks are feeling better. Wanted to move some money out today just to retaliate. Monday funds will be transferred into a short ETF

Expected DOW to finally see some heavy profit-taking today. OP ex and holiday have put this off til Monday

I anticipate next week to be one of the more dismal weeks for the markets this year, with the first week of Oct being the killer. Our 1000 point collapse is cooking and almost ready to be served on a silver platter. 10,600 will be hit this year. Been wrong on exact time, but it's unavoidable.

The Fed and others are desperate to create the illusion that all is under control. But it's not. In fact, they're the opposite. Money continues to be thrown into the mkt while they try to contain the mess. Dubai even being bribed with the Naz.

Inflation and housing issues are very real, not getting any better anytime soon, and a threat like never before. Consumer spending will die, the Chinese will suffer, and so will the global economy.

Added some GFI calls today and a penny gold stock-LNXGF .20-from TaTrader. Also added more AAPL, FXI and some other puts.

Westwood One saw some nice movement today.
The Apr calls still only .80 ask
Ckd NNLX. That's been seing interest as well.
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