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Strategies & Market Trends : Can you beat 50% per month?

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From: Smiling Bob7/25/2007 9:10:49 AM
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DOW - while all looks good for a nice bounce in the am- probably +100-110, I believe we'll end up in the red.
Earnings may look good, but the liquidity/M&A that's been sustaining the latest up move is quickly drying up. Like the RE mkt, unanticipated by "experts."
Look for weakness in the afternoon. Don't know if Fed beige book will be enough to overcome bond troubles. Would take advantage of am pop to position for mkt free fall taking us through the bulk of the balance of July at least.
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