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To: Ghost of Philip Marlowe
What we're seeing is a classic pump-and-dump.

Right. There is a tiny bit of gristle left on the Little Peoples' carcass, and they are determined to get it.

I get frantic pushy high pressure calls all the time from "Wealth Management" places....actually just boiler room operations touting their in-house junk. If they even suspect you have anything left in your 401 (k), they are on you like Velcro.

Another thing.

Never even read any "Advice" Fidelity publishes when you see it on Yahoo Finance. What does anyone EXPECT them to say, except, "NO!!! Leave it in, so we can take it to the track a few more times!!!"

34 posted on 09/14/2009 5:29:56 AM PDT by Gorzaloon (Roark, Architect.)
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To: Gorzaloon
I get frantic pushy high pressure calls all the time from "Wealth Management" places....actually just boiler room operations touting their in-house junk. If they even suspect you have anything left in your 401 (k), they are on you like Velcro.

Not quite as bad an experience, but as a senior with his home paid off, I am constantly bombarded by their brothers in the "reverse mortgage" business. It appears that anybody who had a nickel left is a target for some scavenger outfit.

38 posted on 09/14/2009 5:37:56 AM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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