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Post# of 358440
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jb1967lbk

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jb1967lbk

Re: jimmym4 post# 267534

Monday, 02/09/2009 6:57:52 PM

Monday, February 09, 2009 6:57:52 PM

Post# of 358440
I think things 6 to 12 months from now will be better than you think.

I think 3rd quarter corporate earnings will be growing again, compared to 3rd quarter 2008. I think the S&P will be higher than it is right now. And I think the unemployment rate will have stablized and maybe even begun to slowly go back down.

It won't all be fun, though. I also expect the CPI to pick up a little bit and I think the Fed is going to have to raise rates before the summer is over. Gasoline will probably be back up over $2/gallon again. But the economy should be well into recovery mode by then.

"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital

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