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To: SouthFloridaGuy who wrote (1145)8/3/2007 1:56:07 PM
From: Dale BakerRespond to of 1718
 
Hedge funds: Aggressive investors who use lots of leverage to ensure that stock prices eventually go up.

Oops, someone isn't with the program lately, LOL. Someone should have told them that wrecking the credit markets they rely on maybe wasn't such a good idea.

They forgot the don't crap where you live rule.



To: SouthFloridaGuy who wrote (1145)8/3/2007 3:26:07 PM
From: John VosillaRead Replies (1) | Respond to of 1718
 
Russell 2k back to the March lows.. Financials are toast. Motorola, Nortel and Pfizer hit new 52 week lows even though tech and pharma were hot of late. The likes of Intel and GE still holding up well haven't given up their recent breakouts just yet..

RE now keeping me way too busy again to mess with the stock market day to day anymore so my cash and time has gone in that direction again. Maybe we crash and I'll be back and buy a bunch of stocks to go long a fourth quarter monster rally when the real money is made. That is probably a given whether goldilocks rules or the perma bears are right and this cascades into something much worse in 2008-09..