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To: Perspective who wrote (165043)3/19/2008 12:13:32 PM
From: Galirayo  Respond to of 209892
 
[ot] I wonder if the Big Bears are raising capital .. to go short ??

That's a Spooky thought and it's not even Halloween yet but we do have a Big Witch on the Horizon. Aeh ?



To: Perspective who wrote (165043)3/19/2008 12:16:47 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Nothing I am watching more closely than that HUI Bob. I am 100% out of resources now -- did it last Monday before leaving for Phoenix. I admit to having been a little worried last week, when I was traveling with skinowski through AZ, as resources were not caving. Kept pulling up quotes on the Blackberry in between enjoying the landscape and the tequilas. I don't care about hitting the perfect top as I am still looking at months as my timeframe. I am about 70% in fixed income and am going to continue to just watch for a few weeks.

ps: Don't try to keep up with ski if tequila is what's on the table. -ng



To: Perspective who wrote (165043)3/19/2008 7:53:06 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
What credit worries? Can you believe the rush to buy Visa today. There is just no systemic worry. The world is made of traders, not investors. That has never worked out very well.

Visa Inc. raised 17.9 billion dollars from its blockbuster initial public offering (IPO) of 406 million shares after a group of investment banks had priced its stock at 44 dollars.

Frenzied public bidding for Visa's shares on the New York Stock Exchange saw its shares close at 56.50 dollars, marking a 22 percent gain on the offer price.

"This is an exciting and historic day for Visa," Visa's chairman and chief executive Joseph Saunders said.


Exciting and historic... hmmm...