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DewDiligence

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DewDiligence

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Re: DragonBits post# 98096

Friday, 11/05/2010 1:17:43 PM

Friday, November 05, 2010 1:17:43 PM

Post# of 257257

Can we have a 3% rally in July, no doubt, we are close to oversold. Is it going to last long, I don't think it will… bear markets last a long time, and the usually test the bottoms at some point in time. This rally from the 2009 lows looks more like a bear market rally brought on by Gov stimulus.

The S&P 500 is up 20% since you posted the above in June. If you were managing other people’s money for a living, you’d probably be out of a job by now.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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