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Wednesday, 08/20/2014 7:40:12 AM

Wednesday, August 20, 2014 7:40:12 AM

Post# of 640574
The ‘short of the decade’ and one willful bull’s call for Dow 19,000
The Nasdaq’s rally to March 2000 levels and Google’s 10-year IPO birthday have cast a nostalgic light on markets so far this week. And the way things are going these days (up, a lot) nostalgia seems to be suiting traders just fine.

The S&P, after a rough stretch, is now within a whisper of another record; Apple has entered uncharted territory; and Fed Chair Janet Yellen is about to unleash the doves on a receptive Teton audience at the end of the week.

If that last one disappoints and the hawks come out instead, markets could be in store for a stiff pullback. But even that could be Yellen’s gift to traders. http://blogs.marketwatch.com/need-to-know/2014/08/20/the-short-of-the-decade-and-one-willful-bulls-call-for-dow-19000/

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