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To: justiceseeker93
perhaps, but according to this:
http://www.professorbainbridge.com/professorbainbridgecom/2010/07/insider-trading-inside-the-beltway.html

A 2004 study of the results of stock trading by United States Senators during the 1990s found that that Senators on average beat the market by 12% a year. In sharp contrast, U.S. households on average underperformed the market by 1.4% a year and even corporate insiders on average beat the market by only about 6% a year during that period. A reasonable inference is that some Senators had access to – and were using – material nonpublic information about the companies in whose stock they trade.

13 posted on 10/11/2010 3:55:21 PM PDT by Thoreau
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To: Thoreau
Here's another thought: government hacks would tend to be bearish on the major companies in the "politically incorrect" industries, those which the leftist politicians love to denounce and regulate oppressively. Oil, tobacco, pharmaceuticals are some that come to mind. Yet some of those stocks have done rather well compared to the market in recent years. On the other hand, lefty media stocks have generally done poorly.

It's not a bad idea, generally speaking, to buy a stock after it has been artificially depressed by news emanating from Washington. There are usually gains to be had there as the stock recovers to its true value.

14 posted on 10/11/2010 4:53:42 PM PDT by justiceseeker93
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