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OK, OK I will take a shot a predicting the next market move

March 10th, 2006 at 11:41 pm

Today's prediction:

I expect NYSE to increase from the current level by about 1-2 percent before leveling off and starting new descent.

Current Market status:

Rally continues that started on October 19, 2005. There has been some selling as of late, but the market responds to the selling by bouncing off the 50 day moving average. The leading stocks are showing signs of weakness, the lucky streak may end.

Investor's Insight (or not):

Investors should consider holding money funds and cds, given that these investment types get the best historical returns at the end of an interest rate tightening cycle. Do you agree?

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