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Thursday, May 20, 2010

A good take on the action

The other day in Cramer's Stop Trading, he had a very good take on the current market action. (video)

There were two very good take aways from this video:

1. Cramer pretty much sums it up correctly... the markets will continue their negativity until there is no shoe that drops, and the market will have no choice but to go higher.

That is what happened at the bottom of 2009, and a similar bottom should develop. IMO, fundies are sound, and we are just dragging through perceived negativity. (But I still believe in my thesis via the "i don't see it" post.)

2. Mandy Drury is freaken sexy :)

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