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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: carranza2 who wrote (70182)9/2/2008 10:24:45 AM
From: Maurice Winn1 Recommendation  Read Replies (2) of 74559
 
<SKF 9:42AM ET 109.09 Down 7.60 Down 6.51% 2,878,108>

Today covered my $131 short of $40 million at just over $109. I was going to cover the other $20 million [sold at $126] but I'm moving the market upwards too much. Will wait to see the whites of some more terrified SKF fan club members as they realize that financial relativity theory doesn't in fact say that the US$ is DOA and that it is a no-brainer to back SKF against Big Ben's current power and Uncle Al KBE's amazing legacy.

Fighting the Fed is financial fun but hazardous to health.

There's always another swarm of financial bunnies to learn the eternal verities of Virtuous Victorian Values.

I should be able to cover the other $20 million under $100 within a week [or a day]. Zim the Amazing used to dabble in trivial amounts. Admittedly my tranche-size pifflings at $60 million here and there is not in the Buffett league, but it's good pocket money, even for me. It's ill bred to boast for idle fun other than in these match-stick size poker stakes, so I hope nobody mistakes these idle speculations as being serious money.

It's just for fun with play money, so people shouldn't copy these trades thinking I have done brainer analysis worth backing. I am NOT offering my usual double your money back guarantee on SKF bets.

Mqurice
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