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Friday, March 09, 2007

Nothing is official until officially denied

...continued from yesterday...

This week’s series of articles was about dealing with risk through diversification.

While reading the following, bear in mind that nothing is official until it is officially denied.

According to a recent news article at
http://www.traderdaily.com/news/item/4715.html
“Federal Reserve governor Kevin Warsh expressed confidence Monday (March 5, 2007) that recent market turmoil doesn't pose a threat to overall stability. If anything, he implied at a Washington conference of the Institute of International Bankers, it may be useful in reminding investors about a sometimes forgotten four-letter word: risk.”

Thanks for the official denial Kevin.

Back next week ...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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