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  • Q4 Rally Officially Begins [Edit or Delete]1 comment
    Sep 1, 2011 1:41 PM
    September 1st heralds the 4th quarter and beginning of a massive end of year rally that will propel to dow to 13,000 or higher. Stocks and commodities will rally together and treasuries will fall only slightly, confounding the supposed experts that are predicting hyperinflation. We'll have gas going to 4 dollars gallon by year end, oil 120 and gold 2000 but according to the bond market and Core CPI it wont be inflationary by any stretch of the imagination. 

    The Q4 buy list:


    No more shoes will drop. No doubledip. No problems, no crisis. Economy still doing great if you can't perceive it. My house still keeps going up. 

    Earnings will keep being blowout for the twelfth consecutive quarter. And unemployment remain above 9% for the rest of the year. Expecting more of the usual complaining about too much government spending, wall st. greed & excess, too much debt, pain at the pump and not enough job creation by the liberals on the blogs.

    The gloomy headlines now are pretty much the same as they were in 2009. You could view an archived version of Huffingtonpost or NewYorkTimes from a couple years ago and it would be indistinguishable except the date. 

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  • hahahaha funny how good we are at convincing ourselves what we want to believe. You sir may be the king of it.
    11 Sep 2011, 02:23 AM Reply Like
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