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Saturday, February 26, 2011

Third Straight Day of Stock Doom: Some Good Values Now, Though...

Glass half empty: The Libya chaos rages on, and as a result the Dow is suffering from a third straight day of significant losses. Crude oil futures are pushing the $100 per barrel mark this afternoon, no surprise there. Glass half full: The sell-off is creating some nice values, and buy-in opportunities for long-term investors interested in betting on a U.S. "credit boom" recovery (as I am). I like Citigroup Inc (NYSE:C) at $4.64 per share. I have faith in what's her name... the exec there who is reorganizing their North American retail banking and credit card operations (You are...
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