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Jagman

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Jagman

Re: starboy post# 32714

Thursday, 11/20/2008 3:54:35 PM

Thursday, November 20, 2008 3:54:35 PM

Post# of 46420
You could be right....the only thing the hedgies can feed off of now is the volatility....

More feet hitting the street....

"NEW YORK (Reuters) - JPMorgan Chase & Co (NYSE:JPM - News) is cutting 10 percent of its investment banking staff -- about 3,000 jobs -- as the economic slowdown starts to bite into its earnings, people familiar with the situation said on Thursday."

http://finance.yahoo.com/news/JPMorgan-cuts-investment-rb-13635809.html

Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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