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  • Time to Buy and Hold for Reflation: Four Promising Sectors  [View article]
    remember, in the end the drugs/medicines will be purchased, the coal will provide the electricty which will be purchased. the purchases made by the citizen who will take the hits via higher purchase cost and any growth in taxes. for the gov't has no money but ours. i don't know of any ready substitute for todays medicines/drugs or coal to fire 50% of our electricity. Obama can't legislate those changes in any near in timeframe. he can only make our lives cost more.


    On Mar 03 06:38 AM basehitz wrote:

    > Coal stocks were one of my primary interests until I heard this quote
    > from Obama:
    >
    > Obama said "his policies would likely bankrupt the coal industry
    > and make energy rates skyrocket "
    >
    > If you've seen the damage done to drug stocks and health insurers
    > just on the threat of pending legislation, hard to imagine what he
    > might do to the coal industry. I saw live footage of him talking
    > about coal. He said he wouldn't ban it's use, but would tax it to
    > bankrupt anyone who tried. I was shocked. We get half our electricity
    > energy from coal. Not only would it damage the coal industry, utility
    > rates would also go higher.
    >
    > Trying to outguess the radical changes being proposed is a game I
    > don't want to play.
    Mar 03 13:43 pm |Rating: +6 -1 |Link to Comment
  • Hedge Fund Tracking: Moore Capital Management (Louis Bacon), Q3 2008  [View article]
    would you place the same restrictions on all activities involving the probability of downward movement in value? you take all actions in life the same way? if you garden, would you cover/protect young tender seedlings from wind or cold? do you carry umbrella, jumper cables or other infrequently used devices when you leave home? you never use odds in your decision process?


    On Dec 10 02:45 PM PNG wrote:

    > I will make it my goal to write every member of Congress to introduce
    > a bill to do away with "short" selling of stocks. It serves no purpose
    > except to disrupt the market.
    >
    > You have people trying to build their 401 K and IRA funds just to
    > be knocked down by big funds and high rolling investors. Some countries
    > have outlawed the practice and it is going to be a growing trend.
    Dec 11 13:27 pm |Rating: 0 0 |Link to Comment
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