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Strategies & Market Trends : Classic TA Workplace

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To: Chip McVickar who wrote (76648)	6/26/2003 10:44:30 AM
From: Haim R. Branisteanu	Read Replies (1) of 209892

Pulled out about a month ago - to early <GG> July is usually a down month. ..... and from a FA point of view , the market is pricing a doubling in profits even with negative interest rates, keep in mind that inflation is around 2% and interest rates if there were real growth and pricing power interest rates should be around 3.5% to 4.5% ......... as they say why rob a bank ...... take out a mortgage. I see the action of CB's around the world just printing more confety with the US leading the way........ making a bullish case for stocks until unexpected attention will go to inflation

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