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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (77219)11/2/2007 5:43:34 PM
From: Real Man  Read Replies (2) of 94695
 
Right. Citi got Enronned, holding some emergency meeting.
3 stocks, AAPL, GOOG and RIMM made up more than 50% of
Nasdaq gains this year, so I got long calls on those and
GS and BIDU into the obvious Fed cut rally. Sold them post-Fed,
now resting. The fact that 3 stocks drive 50% of gains on
a huge index is not very boolish thou... I think? That,
and the dollar getting enronned. Whoosh. 50 year low against
the loonie. Nothing gets it up, absolutely nothing, even
though I see the plan was in place. That really scares me.
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