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<title>Richard Band's Profitable Investing</title>
<link>http://www.rband.com/</link>
<description><![CDATA[Richard E. Band is the newsletter world's #1 authority on investing for low-risk growth. His flagship Total Return Portfolio has more than quadrupled in value since inception in 1990, while taking far less risk than the popular stock market index funds.]]></description>
<copyright>Copyright 2007</copyright>
<lastBuildDate>Thu, 08 May 2008 22:02:56 GMT
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<title>AIG Lays an Egg</title>
<description><![CDATA[I told you in Tuesday's post that the stock market was due for a 2%-4% pullback.  Well, we got the first stage of the decline yesterday.  And it looks as if the next leg down may follow shortly as Wall Street digests a mammoth $7.8 billion quarterly loss reported tonight by insurance titan American International Group.]]></description>
<link>http://www.rband.com/journal/2008/may/20080508180240.html</link>
<guid>http://www.rband.com/journal/2008/may/20080508180240.html</guid>
<pubDate>Thu, 08 May 2008 22:02:40 GMT</pubDate>
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<title>Fannie&#39;s Pratfall</title>
<description><![CDATA[How about that?  Mortgage packager Fannie Mae announces a bigger than expected ($2.5 billion) loss, slashes its dividend and sets plans to launch a massive stock sale that will dilute existing shareholders.  And the stock zoomed almost 9% today on the news!]]></description>
<link>http://www.rband.com/journal/2008/may/20080506202852.html</link>
<guid>http://www.rband.com/journal/2008/may/20080506202852.html</guid>
<pubDate>Wed, 07 May 2008 00:28:52 GMT</pubDate>
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<title>Mayday Celebration</title>
<description><![CDATA[How Mr. Market loves to tease us!  After yesterday's blah reaction to the Federal Reserve's latest rate cut, stocks bolted higher today, with the Dow closing above 13,000 for the first time since January 3.  It's all quite wonderful, yes.  But is this the breakout we've been hoping for?]]></description>
<link>http://www.rband.com/journal/2008/may/200805183151.html</link>
<guid>http://www.rband.com/journal/2008/may/200805183151.html</guid>
<pubDate>Thu, 01 May 2008 22:31:51 GMT</pubDate>
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<title>Near-Term Top</title>
<description><![CDATA[I've cautioned you, in my last couple of messages, that the stock market was facing significant overhead resistance.  Yesterday's and today's setbacks may seem minor, but they reinforce my case.  We're approaching a short-term top.]]></description>
<link>http://www.rband.com/journal/2008/april/20080429173551.html</link>
<guid>http://www.rband.com/journal/2008/april/20080429173551.html</guid>
<pubDate>Tue, 29 Apr 2008 21:35:51 GMT</pubDate>
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<title>Glass Ceiling</title>
<description><![CDATA[The stock market is approaching its first really big challenge since the March 10-17 double bottom.  There's huge overhead resistance in the 1400 to 1425 zone for the Standard & Poor's 500 index.  Can we shatter that ceiling and push through to the next stage of recovery?]]></description>
<link>http://www.rband.com/journal/2008/april/20080424183616.html</link>
<guid>http://www.rband.com/journal/2008/april/20080424183616.html</guid>
<pubDate>Thu, 24 Apr 2008 22:36:16 GMT</pubDate>
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<title>Earnings Wobble</title>
<description><![CDATA[We're in the thick of earnings season.  That's as good an explanation as any for today's wobbly session on Wall Street -- although record-high oil prices undoubtedly had some influence, too, on the Dow's 122-point sell-off.]]></description>
<link>http://www.rband.com/journal/2008/april/20080422175920.html</link>
<guid>http://www.rband.com/journal/2008/april/20080422175920.html</guid>
<pubDate>Tue, 22 Apr 2008 21:59:20 GMT</pubDate>
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<title>A Month After Bear Day</title>
<description><![CDATA[It was a month ago today that J.P. Morgan Chase announced its jaw-dropping takeover bid for Bear Stearns.  Now is good a time for us to pause and reflect on where we've come since.]]></description>
<link>http://www.rband.com/journal/2008/april/20080417173346.html</link>
<guid>http://www.rband.com/journal/2008/april/20080417173346.html</guid>
<pubDate>Thu, 17 Apr 2008 21:33:46 GMT</pubDate>
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<title>Another Bullet Dodged</title>
<description><![CDATA[It's earnings season, and a hail of hostile fire seems to be raining on the stock market.  We had the General Electric disaster on Friday.  Then Wachovia followed on Monday with big write-offs and a dividend cut.  But a new strategic factor has also entered the picture.]]></description>
<link>http://www.rband.com/journal/2008/april/20080415180517.html</link>
<guid>http://www.rband.com/journal/2008/april/20080415180517.html</guid>
<pubDate>Tue, 15 Apr 2008 22:05:17 GMT</pubDate>
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<title>Rub on a Little VIX</title>
<description><![CDATA[It's subtle.  But it's happening.  Even as gurus complain that the credit crunch continues unabated, the stock market is slowly regaining its composure.  While I'm still expecting a wild session here or there as Q1 earnings season unfolds, the market's own internal evidence suggests that a major low -- probably the low for the year -- is now behind us.]]></description>
<link>http://www.rband.com/journal/2008/april/20080410191501.html</link>
<guid>http://www.rband.com/journal/2008/april/20080410191501.html</guid>
<pubDate>Thu, 10 Apr 2008 23:15:01 GMT</pubDate>
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<title>WaMu Breakthrough</title>
<description><![CDATA[Something important happened today on the way to resolving America's mortgage mess.  A consortium of private parties stepped forward to provide $7 billion of fresh capital to the nation's largest S&L, Washington Mutual.]]></description>
<link>http://www.rband.com/journal/2008/april/20080408180429.html</link>
<guid>http://www.rband.com/journal/2008/april/20080408180429.html</guid>
<pubDate>Tue, 08 Apr 2008 22:04:29 GMT</pubDate>
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