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Join Date: Feb 2005
Location: Seattle, WA
Posts: 463
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S&P 500 target just raised to 930!

by Barclays. . .a bit off topic but thought it would be good for this forum

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1979 911 RS clone hotrod
1983 930 turbo-sold, will be missed
1992 964 C2 Coupe-regrettably sold
1980 911 SC Weissach-regrettably sold
1975 911S-sold but not forgotten
Old 07-13-2009, 03:38 PM
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Originally Posted by bcoats View Post
by Barclays. . .a bit off topic but thought it would be good for this forum
If we hit 930 it will be on the way to next year's target of 356....lol.

This earnings season is fake with banks no longer required to mark to market their liabilities. Essentially they show only the positive side of their balance sheet anymore.

The stock market will tread water for as long as it wants before the next leg down. Goldman Sachs and the rest of the banks finished their pump and dump of share offerings already...

Old 07-14-2009, 07:50 AM
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