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Look at this chart of the S&P. Check the middle of August.
That's when I said the pundits and the little guys buying puts were full of crap, that stocks and the economy would improve. Ta, da!
Call me Swami. Moreover, despite a potential hiccough of profit-taking, look for the market to set new highs through Thanksgiving. Christmas retail sales will be better than the gloom they're predicting.
1 comment:
My wife's portfolio thanks you for you prognostication abilities.
-rick
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