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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: LLCF who wrote (423474)3/18/2013 2:24:17 PM
From: Rarebird1 Recommendation  Read Replies (1) of 436258
 
My target has always been 1570-1600 on the S&P, with a slight chance of a blow off if that area got decisively taken out. The odds of a blow off have actually gone up somewhat since the Cypress bailout since many around the globe will now fear holding any amount of money in cash and will allocate even more $$$ to equities here in the USA, which will be perceived even more so as a safe haven. Isn't that a joke?

As for Bernanke, I expect business as usual.
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