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Old 19-05-2009, 04:26 AM   #323 (permalink)
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Not much red ink now, plenty of green not sure how long that will last though because popular consencus is that the market will reverse and move much lower.

I'll be keeping a close eye on the 875-880 level on the S&P500, that could be a key area of support for the market.

So far we're up about 45,000 U$D (including the 19$K banked previously)



Out of all the companies that I bought, only one, "Dryships" (DRYS) has not weathered the world economic downturn well. It has all kind of debt problems and Im not sure what the furture holds for the share price.

The rest of the companies are absolute corkers and will bank us egregious amounts of imaginary coin sooner or later

Most of these companies had the living shite kicked out of their share prices, most are up 100% or more off their lows.
This whole crisis had ruined many folks financially but for the smart ones that bought wisely at the bottom, there will be fortunes made thats for sure.

Best pick so far, ACH, they make Aluminium in China, its up 100% + since I bought it, problem is, I only bought 200 shares, I should have taken 1000.
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