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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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Yep. I think we're in for a nasty crash in the next month or two. DOW is way, way too high given how lousy the underlying numbers are (unemployment in particular). I'm even considering a couple of short positions similar to last year. Probably won't yield as well, but I definitely think we're going to see more declines.
The real test will be 4Q/2009. Those numbers are going to be horrendous - just how horrendous will tell the story of whether there's going to be any sort of real "recovery" in 2010 or not.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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