And you thought the bull market was back on….

Posted on Sep 20, 2011 by in Letters

The purpose of weeks like last week is to inspire hope in investors who are clinging to their stocks.  An old Wall Street nostrum has it that the market climbs a wall of worry and slides down a slope of hope.  Not for our readers.  Reality is the only thing that counts here, not opinions and forecasts and bargain stocks to scarf up.  The seven day up wave is kaput, dead, history --The last bar here was taken before the market turned down and finished in the red.

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