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Thursday, October 09, 2008 12:41:49 PM
about Elmer Fudd.
It is what it is, regarding the clown show. The McCain campaign just released their revised statement on his mortgage bailout plan he announced during the debate opening - also clownish. So he needs one of those red balls to put over his nose and join the group. Sorry! But, you've got to read the latest statement. :)
All I can share is what I've been doing - just try to protect capital and make some money when you see a sure thing (which is hard in these types of markets). I know how easy it is to get whacked on even some of the "sure" things with all these clowns changing rules and seizing companies and their reactionary market interventions, as well as commodity swings, huge hedge funds liquidating, etc.
Tight stops and minimal risk right now.
If we can get a washout despite all of the efforts of the Plunge Protection Team, like early next week or later in the month, that should be a sure thing to jump on (at least for a while).
GL.
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