going by price action alone, I guess you also thought the worst was over after the WSJ article that created rumors that Buffet would buy one of the insurers. MBI went from 30 to 40 that day only to be at 15ish today. pretty bullish to you I guess, but not to me. You can't judge these stocks by the price action because there is no underlying equity value. the stock price is on a very volatile path to zero. the journalist for that article, Karen Richardson, should be thrown in jail for trafficking in stock market rumors. to think that someone bought at 40 based on that article. unbelievable.
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