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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (87408)5/21/2009 5:48:41 AM
From: Real Man  Read Replies (1) of 94695
 
We'll see. Despite the stock market rise since March things
are obviously very bad in the real economy, it's
depressionville.

Bernanke bucks against the Black hole of debt,
an ongoing battle that makes trading and picking
a direction very difficult this year.

I personally think we'll trade around the highs in a range
between 880 and 950-ish and possibly head even higher before
going lower. GM BK reorganization looms large next week, but I'm
not so sure it will create a short term dip in the market.
Kinda well known stuff. -g-
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