Art, alittle off subject but would like to hear your response.
What amount of correction are you expecting in this market in May? Those stocks who have been beating their earnings by 3% are the same ones who lowered their expectation numbers 2 months ago so it looks like they really beat the street. Dollar must be getting stronger killing the currency profits and also the US economy slowing down. 5 Dow stocks have accounted for almost all of the gains etc etc etc. My bet is dow back to 12300, Nasdaq to 2400 and S & P to 1440. Then it is time to rebuy the market!
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