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Message: Re: Brutal Markets
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Oct 23, 2008 03:01AM

Oct 23, 2008 04:14AM

Oct 23, 2008 05:17AM

Oct 23, 2008 05:29AM
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Oct 23, 2008 05:40AM

Oct 23, 2008 05:49AM

>>Potash Corp. of Saskatchewan (TSX:POT) earned $1.24 billion in the July-September period - more than in all of 2007, which was its best full year to date.<<

Even crazier, POT was trading as high as $240 recently, and was just in the 60s. Record profits, and no response at all... They've also been buying back 10% of the stock. As I've said before, there is nothing that will override the fundamental insanity of this market. Nothing to do but hunker down if you own, stay in cash until you think it's turned, or trade if you have the cojones.

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