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Strategies & Market Trends : Waiting for the big Kahuna

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To: shoreco who wrote (94249)4/3/2014 11:18:59 PM
From: Vitas  Read Replies (1) of 94695
 
Where are you measuring from?

I remember when you posted this:

Message 28943805

SPX closed that day at 1642.81, and hit 1560.33 ID 10 TD days later. And then headed up to 1,800 as you suggested.

Great call! You really should post more often! -g-

Paulsen clarified in an e-mail I got this afternoon from Bloomberg that:

“We’ll have a correction to bring us back to where we started the year” after the S&P 500 advances to 2,000, the Minneapolis-based strategist said.

"Renewed concern among investors about faster inflation may lead to the decline, he said. Consumer prices increased at no more than a 2 percent annual rate from November 2012 through February, according to data compiled by the Labor Department."

My percentage was off in the previous post, should be 228.8 percent.

I'm going to Red Sox opening day tomorrow for the 26th consecutive year. I may be unavailable for a few days. -lol-

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