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| Bill Cara's Week in Review #49, 2011 Posted: 04 Dec 2011 09:14 AM PST [12:38pm ET Sunday] A week ago I started the WIR by saying that the selling pressure was incredible but there were so many anomalies in the data relationships that I didn't know what to make of it. I wrote: "I have a lot of questions, but few answers." By the end of the WIR, I said I remained bullish and thought the cycle bottom was 2% or 3% away and that the early losers would also be the early winners. I indicated I would likely put some cash to work early in the week. You will see later that I did, mostly switching from bonds to equities, but also investing a tad more cash. |
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