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Archive of entries posted on 19th October 2011

Delveraging and expense cutting to take another five years. Meantime, hold your powder.

How do you make money in this? Apple’s net is up 54%. Its shares fall big  becaused it failed Wall Street’s fantasy.  iPhone sales came in at “only” 17 million, rather than 20 million. Go figure. Greece is about to default (again). Yet our market has risen strongly in the past ten days: My SPY […]