Tuesday, October 17, 2006

Time To Correct

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People generally have not appreciated how much the US stock market has moved in the past two months or year to date. The markets are due for a rest. Earnings over the next month and the elections will dictate the end of year action. Look for a pull back and another opportunity to buy in for a year end rally.

The global economy continues to defy the skeptics. Demand growth globally will ensure another strong year in 2007. Earnings estimates are too low....several important companies have already begun to guide higher for next year....

Barkly seen here grows his fur out to maximum length and thickness for the on slot of winter which is right around the corner.