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Posted by dapperdobbs on April 2, 2009, 4:15 am
> A very inreresting article. For those without a subscription to WSJ,
> here's a copy that I saved:
[snip]
> These "Fearless Freddies" are the ones who had the stomach to invest
> in Citigroup when its share price dipped below a dollar. They are the
> ones buying oil (and oil stocks) as it hits new lows. They are down in
> Florida looking for condos and checking out the foreclosures. They are
> either the smartest people in this changed economy -- or the
> dumbest.
>
Just to be a bit different <grin> things look like business as usual
to me :-) Some houses in my area are overpriced, some are underpriced,
some are priced fairly. One must be able to differentiate between
them. Some companies reported increased EPS, and are trading at the
same PE as some companies whose EPS fell. Some companies *increased*
their dividends, this past quarter, and their stock price dropped.
Some cut, and their stock increased.
Life is a big "go figure" ... what can I say!?:-) I know I'm not the
smartest, I hope I'm not the dumbest. To me it's not fearlessness -
it's looking.
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