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  • Why This Rally Is Unsustainable [View article]
    Kass is really going out on a limb, isn't he? A 5 to 6% correction? I guess we've got nowhere to go but up, then, because on 4/17 the SPX high was 875.63; 2 trading days later, the low for the day was 826.83 -- a "correction" of 5.6%. Looks like all the bad blood has been cleansed from this market; let's all grab the bull by the horns; happy days are here again!!!!!!!!!!!!!!!!!...


    On May 02 08:57 PM frankie cooper wrote:

    > Hedge-fund manager Doug Kass, who this year was bullish on U.S. equities,
    > now says the stock market could drop between 5 and 6 percent given
    > the magnitude of its rally in recent weeks.
    May 03 17:04 pm |Rating: 0 -4 |Link to Comment
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