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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (6070)6/22/2010 10:33:48 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220692
 
Yes, that too, you're right, and thanks, I added that to the list... there are probably another 15 reasons, but I listed only a handful to offer some justification for buying on the close today... this kind of sell off was really a gift, a chance to buy very cheaply before the next leg of the rally begins...<g>

GZ



To: Paul Kern who wrote (6070)6/22/2010 10:35:28 PM
From: happy_camper  Respond to of 220692
 
I don't think anyone is expecting anything earth shattering from Bernanke. He's kind of stuck between a rock and hard place. He can't sound too bullish because there isn't anything that supports that view given the existing home sales report today as well has some of the recent economic reports.

If he sounds to bearish he could spook the markets given his fairly positive but cautious comments last time.


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