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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (117947)3/7/2009 10:54:05 PM
From: Tommaso  Read Replies (1) of 132070
 
You know, this bear market has brought the S&P down 58% from its peak. With all this money being invented by th United States, there could be a hell of a rally, even if it broke and dissipated. I mean like back up to Dow 10,000. That would be about 40%. If it happened over a few months it would be a terrific gain--and a lot faster than any inflation.

So I am ready to slough off my bear skin for a few months--maybe.

But I am not about to take a dump on my gold or sluice out my oil.
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