AdamB

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    • Thu Aug 14th 22:25 PM
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      Commented on:
      The Last Days of the Long Investor?
      Wow Mark. I guess we must be missing something as clearly many of these guys have got it all figured out! LOL.
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    • Wed Jul 23rd 09:26 AM
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      Things You Would Never Have Said Eight Days Ago
      Great comments, dude. Watch for the BKX to rally to its 200DMA at 82 as its level of greatest resistance, and watch for the SPX to rally to its 50DMA at 1310. Fannie and Freddie's inventory of foreclosed properties, mirrored in even greater proportion by U.S. mortgage banks (who have extended delinquency guidelines to reduce quarterly writedowns) is growing by leaps and bounds, and prices paid on sale are dropping precipitously. Remember that REOs and foreclosure sale values do not need to drop very much to wreak havoc on bank and agency capital, as they are leveraged 20-60:1.
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    • Fri Jun 13th 08:06 AM
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      Cummins' Mysterious Rise
      I haven't followed Cummins (though I do follow your comments!), but CAT announced that they are exiting their diesel engine business for on-highway trucks.

      "Caterpillar Inc., in a significant strategic retreat, said Thursday that it would stop manufacturing heavy-duty truck engines for the U.S. market in 2010.

      Even as the Peoria-based maker of earthmoving and other construction equipment was announcing its withdrawal from the domestic market for "on-highway" truck engines, however, Caterpillar and Warrenville-based truckmaker Navistar International Corp. unveiled a tentative alliance that will provide Caterpillar with an ongoing presence in the truck business." - Chicago Tribune
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