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Norte correction finito?


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#11 johngeorge

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Posted 11 April 2008 - 09:12 AM

I have to admit that yesterday I was looking for some crow to eat for lunch. I thought a nice wing of crow would be good on a Ceasar Salad with perhaps a Margarita. However the 91 level held and I am still long. Perhaps today the crows will fly or maybe not.
uh


uncleharley
Sometimes I think that if it weren't for me eating crow I would have suffered severe malnutrition many times over. :( :blush: :lol:
Best to you

PS I see 91 still holding this am. Low of 91.13 and is now back up to 91.70.
Peace
johngeorge

#12 uncleharley

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Posted 11 April 2008 - 09:57 AM

Thanks for the kind words. Yes, 91 is still intact. We sometimes forget that the market doesn't have to be a bull or a bear. It can also be a donkey and just sit there. uh

#13 uncleharley

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Posted 11 April 2008 - 10:39 AM

Fwiw, I closed my GLD position at 91.18 a few minutes ago. There doesn't seem to be a lot of upside potential for the time being and why risk the money for a minimal return. GE dividends are looking good. uh