tag:blogger.com,1999:blog-2335748440449035592.post4376337321760990969..comments2008-09-18T19:24:54.298-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-51737744730203584632008-09-18T19:24:00.000-04:002008-09-18T19:24:00.000-04:00I saw the "no material effect" comment also and bought CEG on 9/16 at 35 based on that comment. <BR/><BR/>If there was "no material effect", why do they sell the next day for $26?<BR/><BR/>Seems wrong to me.<BR/><BR/>adagiopop@yahoo.comRonhttp://www.blogger.com/profile/16796442355264346534noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-26354422457696259412008-09-16T19:21:00.000-04:002008-09-16T19:21:00.000-04:00Yep, I think he did that about 3-4 weeks ago based on the funds changes in direction. If he doesnt change his holding another 90% in the next 2 weeks we'll have a good idea of what he moved into. My guess is housing stocks and retail.<BR/><BR/>Why do I say that? because when important people buy stuff everyone on the Street knows from the traders who manage the trades "pssst, hey Heebner is loading up on Pulte Homes - pass it on"<BR/><BR/>And what has the most relative strength of late??<BR/><BR/>I am curious to see if he bought an airline!<BR/>We'll know mid October.<BR/><BR/>I only have a slightly larger commodity exposure myself at this point but I do think there will be some nice runs from oversold conditions along the way- which mostly need to be sold (outside agriculture it seems)<BR/><BR/>Then in 12-15 months we can pile back in on the "global growth is back in 6 months" trade.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-90040582172689517122008-09-16T18:31:00.000-04:002008-09-16T18:31:00.000-04:00Not really related to CEG, but it is related to CGMFX, which you have mentioened in the past ... Keep up the good work. jegan <BR/>---------------------------------<BR/>http://www.247wallst.com/2008/09/ken-heebner-bai.html<BR/><BR/>In a CNBC interview with Erin Burnett, Heenber was asked about his positions in two key stocks in the oil sector Schlumberger (NYSE: SLB) and Petroleo Brasileiro (NYSE: PBR), or Petrobras. Heebner said that because of the slowing in emerging growth markets such as China and India, HE HAS CUT COMMODITY STOCKS DOWN TO UNDER 10% OF THE PORTFOLIO.jeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.com