The Nifty Fifty Are Back

Wed, 2009/03/11 - 10:56am | Your editor
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     We're back to the early days when I first started investing and bought GE and ATT. Yesterday's upbeat market responded not just to Vikram Pandit's optimism on CI, but also to probable legislative changes to restore the uptick rule against short selling after a prior short sale. And a change in the rules of marking to market.

      I am rather fed up with the Oracle of Omaha for talking down the U.S. economy, because I feel he wants to continue to do what he does so well, bottom-feed. Warren Buffett wants a buffet of high-yielding desperate companies he can gobble up cheap. But read on.

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