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Bush Effect, Goldman Goose and market take

DavidDT Trading-to-Win.com posted on 09/25/08 at 04:17 AM

Bush Effect, Goldman Goose and market take

[Posted on TTW RCL on the night of Sep24th, re-posted here for the benefits of TK communities]

El Presidente addressing the nation produced just the usual "Bush Effect" - Futures were slightly up before and immediately went down right after. As much as I don't see anyone capable to replace the guy that much I don't want to see the guy...only in America...

Lets talk Goldman Sacks for a change
Forget what media is telling you - GS begged to be saved and got what beggars get - right to live.
Buffet bought shares of GS at current price for $5 BIL - so far so good.
Buffet got $5BIL warrants too? @115? Getting interesting.
Wait - Buffet got 10% interest on $5BIL??? $500 MIL year after year on the company with expected revenue of roughly $1BIL?
Poor trapped GS - time to short after Bailout Bill approved.

Market tomorrow - just a hunch - Thursday/Friday - flat to up, if so - I'll be easing up on some long positions...except semis related...will see.

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Bush Effect, Goldman Goose and market take

Bush Effect, Goldman Goose and market take

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