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Wednesday, December 27, 2006 11:30:09 AM
Knowledgable market participants already knew this anyway.
But, I'm still reeling at the arrogance of Jim Cramer writting "BULL" on the SEC supoena on CNBC & throwing it on the floor! AND the SEC backed off on the supoenas to the Market reporters!
This is the state of the current Market, and you must ask yourself... "Do I feel comfortable investing my money in a Stock Market system like this"?
For you that have the ability to trade instead of investing in stocks, that is what you should be doing. Swing or Momentum Trade...Don't hold penny stocks longer than 3 to 5 days... Cash is King!
But, sometimes we get caught like I did in SLJB, when the raid from .09 to .01 occured, and I am forced to hold until the price improves. That's why I am spending more of my time here than I should be! LOL!
John Good
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