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Good summary of "let's keep it real here". The probability of a trading range market (Dow 11,000 to 14,000) is very high (at least 50%) for the next 6 months or so. I feel there is at least a 25% chance of the RBS projection and less than a 25% chance of a new high in 2008. I have been following a long/short trading strategy for the past six months and will not return to longer term investing until my outlook is changed by facts.
Jun 19 09:30 am
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All Comments by John Lounsbury »FedEx, Royal Bank of Scotland, Tell the Real Economic Story [View article]