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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: CalculatedRisk who wrote (76146)12/19/2006 10:47:33 PM
From: Lizzie Tudor  Read Replies (3) of 110194
 
tell that to the bears on SI, who consider 5% returns a roaring bull market. Yes we are currently experiencing "new highs" in the DOW, but this does not a bubble make. Our financial markets have been so bad, for so many years that bears feel empowered to think it has to go on this way forever.

I am not bullish on this economy really and esp not on housing. But the chances of this stock market staying flat for ANOTHER 6 years after this past 6 years is almost nil. We have just lived through a market that comes along only once every 30-50 years.

Stocks GO UP in normal times. 10% per year.
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