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Non-Tech : Bill Wexler's Trading Cabana
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To: Kevin Podsiadlik who wrote (6339)1/31/2014 3:02:38 PM
From: deeno   of 6370
 
for instance

 

Gina Martin Adams (wells) talks about the bear case. Yet on Jan 1 her target was S&P 1850. Now that the market has pulled back perhaps she is reverting to her year ending 2013 forecast number of 1444. Not saying she is going to be wrong (versus being really wrong last year), but I think as of jan 1 Bill certainly would have been a contrarian calling for a 25% correction.

But if you subscribe to the "when faced with the facts, I reserve the right to change my opinion" well maybe they ARE moving to Bills side of the fence.
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