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Will Blink is correct, just when you found a port in the storm things get worse. It is not the bottom and capitulation is a military concept. We are about to enter a down trend in employment in two large sectors, autos and shelter. The Congress is going to bail-out a few homeowners, banks and builders. Yes, they will. and you will be shocked when the consumer dies from energy fatigue and stops spending down to about 50%. It is called the Ice Age: a frozen economy. Think Japan. Nice ideas Gary, but no cigar, not even the wrapper.
Jul 03 15:18 pm
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All Comments by whidbey »Bear Market Rally ETFs: Is Capitulation Close? [View article]