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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (4796)1/21/2009 5:56:37 PM
From: ggersh  Read Replies (4) | Respond to of 6370
 
Crazy market today.....if U.S. stocks follow through tomorrow it could be a bottom....

Dimon buying JPM and Lewis buying BAC, although Lewis is also the idiot who bought Merrills and Countrywide,,,It all seemed choreographed, or maybe I'm to cynical....

Whats your take on Dollar-Pound, without looking at a chart I think it can go to 82...J Rogers recommended selling Pound bigtime...



To: RockyBalboa who wrote (4796)1/26/2009 6:08:26 PM
From: Hank  Respond to of 6370
 
It's getting tempting but I still don't think it is time to buy GE. The markets are not rational right now and I think the Obama honey moon will be over by 3rd quarter when people realize just how screwed up things are. There is way more down side potential to this market and GE.

And Bill, I told you not to buy PFE, did I not?

This move with Wyeth will send them into the single digits eventually. It was an act of desperation, not brinksmanship.


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