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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (35793)10/29/2009 7:35:58 PM
From: Madharry   of 78673
 
i covered some of my shorts at breakeven. the market reversed itself in a hurry. i got back about 1/2 of yesterdays losses. I ended up adding to elron after all. added to my shorts of aig and zion. covered my shorts of db, wfc, and spy. decided to hold on to my nat gas stock chk and sd, and added more to ceres global ag fund which was selling at under 2/3 of 10/9/09 NAV.

OT rant : I dont see how Geithner can hold onto his job much longer. There is now increasing evidence that besides being an inept regulator, the guy is at best a buffoon who was part if the group that wasted tens of billions of taxpayer money in the covert AIG bailout of big banks, who are now using that money to offer big bonuses to their staff, while main treet continues to be hung out to dry. One can either laugh or cry at the ongoing discussions after the horses are gone to lock the barn door.

I also dont understand how this guy Friedman who apparently bought 50,000 shares of Goldman Sacks after sitting in on the discussions and determining that Goldman Sacks would be paid 100 cents on the dollars from AIG isnt being prosecuted for insider trading. If that isnt inside information then what is?
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