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Who let the bears out?

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Old Jan 3, 2007 | 11:38 AM
  #1  
cthree's Avatar
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From: Toronto, Canada
Default Who let the bears out?

Global warming has woken the bears early this year. WTF?

I sold everything last week and pumped it all into AAPL (dumb maybe?) Man did I get lucky. Only down 1% today and I'm still above water from Thursday. I also sold a RHT (Red Hat) Jan 25 put for a cool 10% gain.

The good news I guess is that we aren't that much off last week's close but it does change the momentum.
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Old Jan 3, 2007 | 12:18 PM
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energy is taking a hit....
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Old Jan 3, 2007 | 03:26 PM
  #3  
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Originally Posted by PLYRS 3,Jan 3 2007, 01:18 PM
energy is taking a hit....
That certainly explains why the energy stocks took a dive, but shouldn't lower energy prices be good for the economy and translate into higher stock prices for other market sectors? Today was like a bad accident -- you don't want to watch but you just can't help it!
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Old Jan 3, 2007 | 06:39 PM
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A lot of sectors are going to take a hit it seems: energy, real estate especially. I just thank that I have made great strides the last 2 years especially to absorb some loss. I have thought about transferring out.
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