Fred...not fully factored in, ~70% off its highs?
stockcharts.com[l,a]dhclyimy[dc][pb50!b200!d20,2][vc60][iUp14,3,3!Ue12,26,9!Uk14!Ll14!Lf!Lc20!Lg]
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From S&P's, useful info?
Message 15302447
Message 15302322
>>>This suggests to us that the negatives are already factored into stock prices.
S&P economist David Wyss believes that, with the help of an additional half- to full-percentage point cut in the fed funds rate, the economy will skirt a recession.
While looking for little GDP growth in the first half and worried that corporate profits may come in below current expectations, Wyss points out that the market tends to anticipate improvement in the economy by an average of four to six months.
He feels, therefore, that the present is a good time to be accumulating stocks.
Potential fuel for an advance exists in the substantial cash on the sidelines.<<< |
