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Another bear gets carried out, as the S&P's close over 1450 has Bob Janjuah backing off his call for stocks
to lose maybe 25%
of their value by year's end. Tactically neutral at the moment, Janjuah says risk assets are in a bubble, and a weekly close below 1450 might have him short again with the modest target of 800.
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To use a baseball term......a swing and a miss!
Sep 24, 2012. 07:04 PM
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