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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (27659)8/8/2007 2:44:03 PM
From: Paul Senior  Respond to of 78822
 
Jeez, the volatility in this market is something else. I'll take some recently-bought ABK off the table now. I've never noticed that stock to dance the way it has with such multi-point swings.

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I'll cut back Moody's now. This rating agency seemingly has erred in its classifications of loans that have sunk the mortgage reits and other firms that have dealt with these financial instruments. Mr. Buffett will perhaps continue to hold his MCO position, and maybe even add more, but I'm concerned about lawsuits and regulatory investigations, so I'm selling about 1/2 my small MCO position now.

finance.yahoo.com