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This economic downturn is only a correction for the highs of the late nineties...it's all about balance and the economy will come back; even sooner if consumers regain a little confidence and open their pocketbooks. As for stocks...you can take a risk and look for bargains or go with the hot ones...like Dollar Tree; 3500 stores and growing more and more. Remember, cheap real estate and cheap leases are out there for the taking...excellent investment opportunities.
This economic downturn is only a correction for the highs of the late nineties
Ummm.... Â Â This correction is for the 2003 to 2007 bull market... before then the us market was in a bear market known as the tech crash.
And for my two cents worth, i guess you could call it a correction, but i think labeling as such is a little kind.
The financial engineering that took places in the naughties and the behaviour of the firms like AIG and their CDS division border on almost criminal. Correction maybe but i'd be more inclined to label it systemic failure.
I think there may be a rush into Gold around Mid - end April. Its never made any sense to me about this Gold thing but people , in the main , are irrational . we will see.
Citi is down to 2.43 on the German exchange, glad I got out at 2.80 on Thursday.
Back to the intent of the thread, Insider Tips. Here's a name that I doubt anyone here has heard of, KDUS.
It's basicly a shell corporation with no operations to speak of and it's cash per share is about 25% more than the share price and the company has no debt.
The only American mutual fund that owns shares in this company is Pinnacle, and Pinnacle's manager was named Manager of the Year by Morningstar.
Car Ichan has been buying lately.
The company also has substantial tax loss carry forwards.
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