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davidam

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davidam

Re: GoinGreen post# 118

Monday, 12/08/2008 4:24:08 PM

Monday, December 08, 2008 4:24:08 PM

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I agree with the selloff theory. Once the rally loses traction and things start slipping there could be a mad rush to lock in profits. Lining up my bear market ETF's for re entry but would like to see the auto bailout completed first appears to be more steam left in the run. We have to keep in mind Inauguration is likely to be a very bullish period so carefull with the bear market ETF's

Oil ETF's had a good day finally. With Oil well under $50.00 oil ETF make for a safe play to buy and collect. Cant stay this cheap forever!

Just my take sometimes I am right!

Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!

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