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S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,729.20
(
0.03%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.02
(
-0.23%
)
Bitcoin
61,715.99
(
-1.89%
)
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Arrow335

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Arrow335

Re: johnlw post# 595

Friday, 09/14/2007 4:13:18 PM

Friday, September 14, 2007 4:13:18 PM

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Yes the spot price got way ahead of itself. Glad it corrected, gave me another opportunity to get back into some of my favorites. Sold a little too soon last time around but I'm not complaining. The spot price correction in combination with the Hedge funds having to dump holdings to cover their bad real-estate investments seemed like an bonus.

I take the opinion of professionals with a grain of salt. Seems like most have some sort of an agenda. Good companies with proven diversified reserves will be making money @ $50.- $80. spot. Never have owned CHX, but I'am up an average of 18% on my buys last month. Would not surprise me if they go up an average of another 50% over the next few months.

GLTY

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