Thursday, 26 February 2009

Dear Daily Crux reader,

Here is your Crux PM update:

Short sellers are about to get wiped out
The best short-selling opportunity of the year is coming just around the corner. But first... we rally.

Today's entertainment: Tiger's back
Great Nike commercial on Tiger Woods' return from injury to golf.

Should you even be in the stock market?
Buy and hold strategy not as safe as it sounds.

GM says it "may" go bankrupt. Which means it "will"
Detroit loser has lost $82 billion in the last 4 years.


Gold coin premiums skyrocketing
“There is demand for double or triple what the US mint is able to produce.”

Major Texas homebuilder shuts doors
Choice Homes can't get any financing.

Fidelity has collected extraordinary amounts of money for basically nothing
Michael Covel with an interesting post about the mutual fund industry.

Why Buffett does what he does
Dan Ferris on why Berkshire Hathaway is a great investment.

Billionaire golden boy sees distressed opportunities of "a lifetime"
Hedge funder John Paulson is looking to buy.

Regards,

The Daily Crux
www.thedailycrux.com