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Home » Economy » Currently Reading:

What is it Lassie – Is Timmy in Trouble?

February 11, 2009 Economy No Comments

Context: Yesterday, as Treasury Secretary Tim Geithner addressed the nation on the government’s plan to fix the financial system, the stock market tanked BAD. He gave no details whatsoever. The stock market hates uncertainty.

I took the opportunity to take another long position in UYG at $2.99 a share, hoping to make another 20+% in the near term.

The cartoon is by Tom Cheney.

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