Buy stocks now and dollar cost avg it down if need be but it should rise in late 2009
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The TLFs INSIDER TRADER!
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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.
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This economic downturn is only a correction for the highs of the late nineties
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.
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I used to trade comic books when I was a kid...A always got fucked...
I don't trade things any longer...
Well, sometimes a little spit and other juices with ladyboys...And I still get fucked..."It's not Gay if you beat them up afterwards." Â --- Anon
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I've got none to sell.
Will buy Microsoft and Dell prior to the Windows 7 release and keep them for two years. A percentage in BP also.
Government contractors and advisers in the UK who assist the government in riot suppression and crowd control will be top buys.
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Monday looks bad for the markets.
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.
Very thinly traded so be careful with this one.
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Nothing wrong with mentioning stocks to sell... Â i am happy to short them if they look overbought in this recent rally...
As it stands i have an open short position in an aussie banking share - via the mini short warrant market.
So if tonight the banking sector gets a kick in the ass... i'll be happy...
btw Pigdogg .. nice trade on citi .. sounds like u made 70% on that quick trade!!
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Life must seem pretty tough in LOS making 110% trades, sipping cheap cold ales while the world sexiest trannies pass you by...
Heres to living the life
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Pigdogg is back in the USA right now, hoping to get more 110% scores so he can retire in LOS!
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Don't give up... You'll get another chance to buy it back again at $1.50
There are lots more banking results yet to come to make the markets shit themselves...
The current confidence is like a hard on an 80 year old... it's there one minute but gone the next!
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