Thread: Bernanke
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Old Aug 8, 2006, 09:59 pm   #51 (permalink) (top)
bishop
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nope, i already posted about that:

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Quote by: bishop
i haven't jumped back into evergreen just yet because there's clearly a selloff going on and i'm waiting to see the valley.. the most questionable thing about that company is the exorbadent increase in sg&a expenses.. looks like management's pumping all the company's money into their own pockets.
the stock definitely served me well for quite a while though, although there's no way i'd touch it again right now.. between 10%-30% every time i'd flip it, and i played it about ever other month for over a year. but, nobody should ever fall in love with a stock, and i don't either.

that said, it looked like eslr's price drop following bernanke's announcement was just a bunch of hysteria.. could represent a good short-term buying opportunity, even though i'm not going to take the bait.

the only two that i'm holding on to right now are GG and IFN.. gold's a decent thing to hold on to right now imo, and i'm going to hold on to IFN for decades, so i don't care so much about whatever happens in the market right now (plus it pays very healthy dividends).


i was surprised that the fed did decide to stop hiking rates this time around... but, i still think that we're going to see future rate hikes in the future.. it's going to happen until the fed induces another round of mass layoffs in the country.


hope for america...

http://www.ronpaul2008.com/
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