And while I hope this is one of the reverse stock splits that result in higher prices for stockholders, I remember times when it has not.

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Authorities dismantled Yukos in a closed auction, and its key assets were ultimately acquired by state-controlled Rosneft, which is slated to go public on the London Stock Exchange this summer in one of the largest initial offerings ever.

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This is one of the single most reliable stock market indicators I have observed in my long career.

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And what should worry Redmond a great deal more than some journo like me remarking upon this is the way that at least one fund manager has sold his stock in the company as a result of his confusion over their plans.

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Its stock market is up a third, making it one of the best performers in Asia this year.

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Thus, one cannot put a lot of stock in a key reversal suggesting a top is in place in this market.

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In other words, one cannot put a lot of stock in a key reversal suggesting a top is in place in this market.

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The problem with a lot of investors, particularly unsophisticated investors, in this kind of market is they rush, and they buy, you know, a bunch of stock in one company or one sector, and that's what gets you into trouble later when you get into retirement, and you're not diversified.

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