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Daily Archives: January 27, 2008

Financial Stock Prices: A Bridge Too Far (WFC)(WB)(JPM)(CFC)(C)

Posted: January 27, 2008 at 4:49 pm

As if some miracle had saved the financial system and averted a recession, shares in bank and brokerage companies moved irrationally higher last week. A case in point, Wells Fargo ...
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Stocks & Trends For Bear Market & Recession Investors

Posted: January 27, 2008 at 8:51 am

2008 is turning out to be a wacky year.  If you are new to trading and investing this is far from the norm.  Statistics vary depending on what day of ...
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ETF’s For A Bear Market & Recession (FXP, DOG, PSQ, SH, QID, SDS, DXD, RSW, RMS, RRZ)

Posted: January 27, 2008 at 8:01 am

Are we in a Bear Market?  If we aren't it sure feels like one.  The Dow Jones Industrial Average, or the DJIA, is down some 7.9% to date in 2008 ...
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Qatar May Take Huge Stake In Credit Suisse (CS)

Posted: January 27, 2008 at 7:57 am

Funds backed by Qatar may take a $3 billion stake in Credit Suisse (CS), another step toward sovereign funds owning a piece of almost every large financial institution in the ...
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Some Europe Hedge Funds On Brink Of Disaster

Posted: January 27, 2008 at 7:38 am

Up to 10 European hedge funds have suspended redemptions after investors clamoured for their cash when the managers made severe losses according to The Times of London. The paper reports ...
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NY State Investigates Merck (MRK) And Schering-Plough (SGP)

Posted: January 27, 2008 at 7:34 am

Once Eliot Spitzer left his office as prosecutor to become governor of New York State many feared that there would be no one left to devil large corporations and Wall ...
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Argentina Finds More Oil, For Itself

Posted: January 27, 2008 at 7:21 am

One of Argentina's largest oil companies has found huge new reserves in the Patagonian province of Chubut."An oil reserve has been discovered in the Escalante basin that's twice as big ...
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Oil: Will OPEC Tighten The Noose?

Posted: January 27, 2008 at 7:17 am

Only a week ago, George Bush was on hand and knee begging the King of Saudi Arabia to send the US more oil. The gesture may get him some lucrative ...
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Venezuela’s Chavez Wants Money Out Of US Banks

Posted: January 27, 2008 at 6:58 am

Hugo Chavez, the mentally unstable head of Venezuela, has suggested that Latin American countries take that money out of US banks. ''We should start to bring our reserves here,'' Chavez ...
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