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Re: mjfdl post# 10531

Wednesday, 04/21/2004 11:12:39 AM

Wednesday, April 21, 2004 11:12:39 AM

Post# of 37180
>>There are many more good reasons to be positive...<<
Yes. Let's name some. I'll start.

- The trend is up. It's stalled after a year, but up.
- Profits are improving. That has been discounted. But, it's not over.
- Interest rates will certainly rise. But not fast or far.
- There is a lot of fear about a RE bubble, a credit bubble, a double bubble. A stock market bubble. Could be, but I think that's predicting the past.
- We are at neither a market top nor bottom. There is some group and sector rotation. That's common within a trend. Rotation is sometimes convulsive. Certainly an annoyance.

Robert


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