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To: FastCoyote
My guess is that last week was a Bear Market rally of sorts but none of the fundamental problems have been solved nor has the bad debt been expunged from the system.
Unless the Obama Admin. faces this and addresses these problems the Dow will hit 5000 with a SPX of 400 or lower.
8 posted on 03/14/2009 11:39:26 PM PDT by Captain Peter Blood
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To: Captain Peter Blood

Retail sales numbers look pretty good. Why should we expect the dow to hit 5000?

With Bank of America and Citi saying they were profitable in the first two months of the year, don’t you think the financial sector is improving?


37 posted on 03/15/2009 8:21:57 AM PDT by o2bfree
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To: Captain Peter Blood
My guess is that last week was a Bear Market rally of sorts but none of the fundamental problems have been solved nor has the bad debt been expunged from the system.

AIG reports profit and BAC says they expect to earn $50 billion before taxes this year.

47 posted on 03/15/2009 7:37:03 PM PDT by ColdWater
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