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Re: Whosetosay post# 20385

Thursday, 07/12/2012 2:00:01 PM

Thursday, July 12, 2012 2:00:01 PM

Post# of 80490
Sorry to say, it wasn't me-

didn't quit get to my second buy(or put sell) price-
found myself selling puts in high dividend energy stocks instead.

At least I got a a chunk yesterday.

But maybe you're right-

maybe BTH is "the whale" on this one(lol)!...

Again, like you, however, I'd say the higher probability bet is option 3.

Next 2 questions-

I think global recession of some magnitude is likely because we're due for one(after the fake(financially-engineered and rather weak)recovery we've seen so far))-I believe it's historically been referred to as "malaise."

And as to the financial cliff, if "they" don't do something to mitigate the risk of massive planned dividend and capital gains tax increases, I, along with a lot of institutional level actors will withdraw assets from this market in droves.

The following article provides an excellent summary of this view and the risks involved:

http://www.insideinvestingdaily.com/articles/bonner-recovery-impossible.html

As to your last question, I think you already know that I wasn't selling at $16.60 today.

But I may be(from a hopefully higher level) later in the year if the above scenario begins to look more probable.






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