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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (196)	12/6/2005 12:20:05 PM
From: Rarebird	of 26251

>>If we see 1275 on the S@P, Insanity should break loose to the upside.<< That statement made this past August is still applicable today. These markets, especially the Nasdaq, are so incredibly bullish. The risk/reward ratio moving forward is heavily slanted toward the reward side. It could take anywhere from 6 to 12 months for the Nasdaq to break 3000 once that level is approached. If you want to buy that island in the sky get on board and stay fully invested till at least 2010. There may be a few blips along the way, especially in 2006, but there are ways to hedge and preserve capital without losing sight of the enormous bullish implications longer term. Right now, the coasts are clear and there is clear sailing ahead. These markets are in transcendental mode.

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