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  • Wall Street Breakfast: Must-Know News [View article]
    It does seem that keeping alive the feel-good factor is more important to the Government, the Fed and other authorities than dealing with the facts which are not-so-feel-good. It could be that this rally does continue a little more as a result, but I'm closing all long stock positions and waiting for the reversal which must come before too long, even if not until the fourth quarter. It will be a brave bull who stays in until then.
    Aug 19 14:42 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Yep, it's going that way. Slowly the State is taking over the financial markets. They have managed to engineer a stock rally on falsehood, error and omission, staredt moving the dollar down in value, which is dropping even though more foreign people want it than their own currency, and have yet to tell us how the banks bad assets are going to be dealt with without big losses and damaging the banks financial soundness. Watching all this happen doesn't make me feel good, and when an official annoucement is made, I'm left wondering what's been left out?
    May 20 09:34 am |Rating: +9 -1 |Link to Comment
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