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Wednesday, July 18, 2007

Crash and Burn TAM

This darn airline had to overshoot the runway and burn. My GOL is down 4%, lucky I sold some yesterday to lessen the impact, not because I can predict the future, more because it was my largest holding, and now worst late entry to the portfolio. Oil is up, Brazilian authorities are not trusted. What a mess.

Maybe enough bad news to buy some, I have to go for a walk and think.

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