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Buried Treasure at the Federal Reserve?

Keith Fitz-Gerald (July 10th, 2008) Writes:
By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Every market cycle has its genius. Even a market cycle as wild and volatile as this one has been. And the latest genius might be just what the U.S. Federal Reserve needs to restore order around here: She might even be able to bring credibility back to the global financial markets. Elizabeth Duke goes by "Patsy." And while the nickname may be soft, the person behind the moniker isn’t soft. In fact, we believe that Patsy Duke - a career commercial banker - is the only Federal Reserve insider that understands how the global money markets actually work. As such, she might just be the next central bank chairman. We say that because, unlike current Fed Chairman Ben S. Bernanke and the rest of the Beltway Boys - all of them academic theoreticians, data experts, or ...

Bookkeeping: Taking a Bite of Apple (AAPL)

Trader Mark (June 12th, 2008) Writes:
Again, I cannot short individual names but I would of liked to short Apple (AAPL) for the near term as I wrote a few days ago [Jun 9: Apple Buy the Rumor, Sell the News?]Don't look now but this chart has all the makings of a double top. I can't short individual names, but this might be a short term short, at least until the $160-$170 range.... in lieu of that I have just cut back the long position, awaiting lower entry points to rebuy. We'll see if I get one.We are down to the first support, 50 day moving average ($172) so I am beginning to rebuy, but only a bit here since this is definitely a double top we have formed. I'd much prefer the 200 day moving average of $161 (or lower - maybe low to mid $150s would be ...

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