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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.230.0%Jan 23 4:00 PM EST

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To: Patrick Slevin who wrote (3158)4/29/2010 2:59:00 PM
From: not_prudent  Read Replies (1) of 222373
 
IMO the debt, at least for the US, still remains far and and away a 'round to it type of problem and one that with the right combination of inflation, tax increases, spending cuts and moderate growth remains fixable with less than draconian measures. When you think about it, it's a tribute to our economy given the dollar amount it occupies. Many countries in Europe and maybe Japan aren't so fortunate. So what is headlines for them is still maybe page 6 stuff for us. I think your stat re. the short term 6%+ advance is pretty impressive. I wouldn't bet against it.
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