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Comments
Dave M. at 04:54 PM on August 23, 2009
Nunia - Well said... this is no time to putting portfolios on autopilot!
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Great analysis. I do think we will have a 5 to7 % pull back before we see a push to the l200 level. If we have a better than expected GDP number in the next quater, I would bet that the l200 level will be achieved faster than most bears want. I also think that the FED's will raise rates sometimes before the end of the year, not by much, but just enought to send a signal that they are still in charge of monetary policy not wall street.