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Thursday, May 27, 2010

Stock Market Going Which Direction?

Patterns: Only twice before have the stock markets zoomed parabolically to such heights in less than a year as it has this time (80% up from March 2009 to April 2010). There was a 112% run-up in 1932 – which was followed by a 40% drop. And in 1933 a 116% increase was followed by a 34% drop. If this pattern is followed the S&P could be in for a 20 to 30% drop.  (

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