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It may not have collapsed in the last year and it may not have collapsed in 1929 - 1932 when the Dow lost 80% of its value. But I'm glad I went to cash last fall. And I'm not planning on getting back in till next year or until the bezzle is out of the market.
My guess is that this is a bear market rally. It may end Monday or it may go on for a few more weeks but I will be the most surprised guy in the world if the averages don't test the lows before fall.
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Living in the trailer park of sense, looking out the window at a tornado of stupidity.
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