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melpomene

07/24/07 12:07 PM

#337 RE: Not_Bill_Oneil #336

I'm still here as well. I've been out of town or otherwise occupied. If we get a pop at earnings, I may take the chance of selling, and buying back in lower to cover some of my losses. What do you guys think? Of course, with my luck, I'll sell and it'll never go back down which is why I've not applied the strategy thus far.
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metropick

07/24/07 11:26 PM

#338 RE: Not_Bill_Oneil #336

NBO - been going okay. not watching the tour due to weekend plans and the pesky 40 hr work week.

i'll take a look at ATW & NVT.

holding long and strong.

regards,

m
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metropick

08/05/07 11:08 PM

#348 RE: Not_Bill_Oneil #336

OT: NBO - What is your take on the credit issue currently poisoning wall street?

It seems like the value of the banks that got caught lending to irresponsible lendees are being hammered relentlessly. Some say Big Ben will save the day on Tuesday, but I am very doubtful, considering Bill Poole (St. Louis Fed Head), stated that they would not be bailing out the equities market this time (like Greenspan did numerous times during his tenure).

I have moved a good amount of money into stable value funds in my 401k's and out of bonds and equities. I started doing this a week ago, and have obviously been pretty happy with that move.

Anyway, what's your take? Are we headed to recession, or is this a downturn that will soon be corrected by our underlying growth economy? TIA.

m