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

To: GROUND ZERO™ who wrote (31000)4/19/2012 1:48:59 AM
From: Gary1052 Recommendations  Read Replies (2) | Respond to of 224148
 
Agree but still think in the big picture we are in the topping process. At best this follows the presidential cycle as an up year followed by down 2013. At worst this is another 2008 - driven by either European financial crisis or Iran war. 2013 will be driven by economic contraction due to budget cutting and individual tax increases (both are necessary but we need to have credible budget cutting to make individual tax increases palatable) - a bitter pill but very necessary


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