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Re: Robbay post# 470

Thursday, 12/13/2012 5:20:05 PM

Thursday, December 13, 2012 5:20:05 PM

Post# of 3161
I am about 90% cash, but still holding Cheniere in nat gas. I even sold off my Walmart which I owned at a weighted cost of just over $30/share. I have had a great 2012, with huge gains from JCP and JPM on swing trades and a healthy profit on most of my mReits. I also had a great year on divvies!

I am HUNGRY for some equity bargains. I am betting that Boehner will deliver on an obstinate plunge over the fiscal cliff. "If the President wants to raise taxes, he must cut entitlement spending." Okay, John, then YOU offer up where these cuts should be made; remember, it was the RNC that villainized Obama with TV ads during the campaign for cutting Medicare spending. Remember?

It's all a sick joke and I fear that it is all going to implode. When it does and the Dow drops 1,000 points, I will be loading up before the jerks in the House repair the damage they created before they get voted out.

GLTA,

Yank
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