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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (6888)	7/20/2005 11:12:26 AM
From: Joe Smith	Read Replies (1) \| Respond to of 12411

Just a typical Summer rally. Way too much hysteria over a market that is basically flat for the year. There will be the typical late Summer, early Fall blood in the streets and maybe the typical recovery. I just don't see this as a "typical 05 year" but that is still possible and I will keep my eye out. I heard some blurb yesterday about this being the Mary Poppins economy, "practically perfect in every way". I had to laugh. That would be like me living large off of my huge credit card limits and saying that my personal finances were practically perfect. We owe, we owe and off to buy we go... BTW, did you see AMGN. There really is no story, just a change in attitude with no catalyst. The boys changed their mind and the stock has flown. I had some at 60 awhile ago and gave up on it.