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Strategies & Market Trends : Ride the Tiger with CD
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To: Veteran98 who wrote (225562)3/8/2013 11:10:12 AM
From: Nevada9999  Read Replies (1) of 313012
 
Agreed, but I hope its a producer not an undervalued resource.

Paulsen hasn't changed his tune, but his moment of glory is over and people are bailing. I think this whole commodities down, Dow straight up move is mostly reallocation of IRA's and 401k's. It's being carried out by fund managers, but driven by retail. It's further propagated by the media shouting from the rooftops about the great bull move in stocks, and the move from bonds to stocks which just isn't really happening. As frustrating as its been, I think this amounts to a retail driven move that marks a culmination of a cyclical bull in stocks not the next great economic renaissance. The Fed won't allow the market to collapse, but it's not going to pay more to make it break out from here.
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