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Monday, February 8, 2010

Market Thought... almost

Nothing really new I can say other then I think we are almost there.

I am aware of all the negative stories, and horrible possible outcomes. The fundies simply do not merit such outcomes.

Don't get me wrong, I am not trying to have delusions of grandeur here either.

Obviously this is going to be a consolidation year, tailored for trading.

Whatever scenario the markets are in, IBM is about to trade with a forward PE below 10. There is a name for a situation like that... opportunity. (and I will take it)

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