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12 Posts
Not too long ago everyone was pretty much agreed that there was a good chance the March 9th lows would be retested. Fundamentals haven't changed much since then (and even less of what has changed has been positive change) and yet there seems to be improving sentiment. Some quarters are prescribing new lows as a necessary condition for true (slow, but sustained) recovery. So is all this optimism just political whitewash?
Are you still expecting the major indexes to turn south? If so, how deep are you expecting it to go? If not, what's buoyed your optimism?
Are you still expecting the major indexes to turn south? If so, how deep are you expecting it to go? If not, what's buoyed your optimism?