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

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From: jimmg12/20/2006 4:50:54 PM
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Nike and Carmax both reported very solid earnings today. It looks like the consumer is still intact and that Christmas shopping season will meet or exceed expectations. The extra day of shopping vs. last year is very big.

The bears are on the ropes right now. It's hard to say what will give them reprieve.
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