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User 244150 - Thank you. I wondered when somebody would speak up about all the bulls who apparently have been able to endure this onslaught with such aplomb. "Don't worry, buy more". WITH WHAT? Who recommended selling at anywhere near the top to be able to put money in this market now? No one. What happened to GRMN at 124? Oops, its 33 now. Probably a stock to consider almost 100 points lower.
Sep 14 08:09 am
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All Comments by oldgoldbug »Go for the Gold [View article]
It still bothers me that the long Government market is at 4%+/-. It may be that market is the only one able to contain the amount of money coming out of long liquidation of institutional portfolio therefore it is unusually strong in the face of high inflation or is it saying "deflation, deflation, deflation." I guess we will find out soon enough.