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Strategies & Market Trends : The coming US dollar crisis

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To: LTK007 who wrote (8525)6/7/2008 9:02:55 AM
From: Real Man  Read Replies (1) of 71409
 
Unlike Marc Faber, I'm not all gloom and doom, rather a
contrarian. So, I like stuff on sale. Sometimes they go BK,
more often they don't. The risk is lower with the DOW stocks
and major US companies. Oil gonna drop, it's bubbly. The
time is near - gas prices going through the roof will
affect demand. -g-

We have a sell signal as your number has been taken out.
Projection for spoos is 1160 by end of July the latest.
I'll keep buying GM and F, and maybe C if it crashes. -ggg-
GM valuation is INSANE - or, you can say, BK is partially
priced in as inevitable. Yahoo board is talking about BK
this month - ain't gonna happen. Of course, to get it fully
priced in, GM stock has to go to zero. -ggg-
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