Tuesday, June 22, 2010

reality check

The market has finally realized that economy is slowing down and governments all over the world are hitting a debt wall. Stimulus are gone and slow growth is the new norm. The stock market will be range bound for a while. One last push high for the bulls may come from the finacial regulation. If finreg is watering down then, financials may get a strong bounce. Use it as an opportunity to take profit if it happens.

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