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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 (36157)8/9/2012 3:43:26 PM
From: Oblivious  Read Replies (2) | Respond to of 218591
 
I thought I was wrong once, but I ended up right. LOL!!!!



To: GROUND ZERO™ who wrote (36157)8/9/2012 4:14:33 PM
From: Wayners  Read Replies (1) | Respond to of 218591
 
I just read this guy's article on Yahoo! By Jeff Macke with "Merrill Edge"

finance.yahoo.com

Says have to come up with a New Tale. Of course replies to the article are disabled. Anyways he says that in 0% to 2.5% GDP setting since WWII the market has returned 8%. Doing the math for SPY, the market is way above that pace. For August, the SPY should only be at 125.50 (last years SPY close) * 1.0467 = 131.35. Hmmmm.