Saturday, August 22, 2009

Confidence Tends to Breed Confidence?

Recent headlines in the "Wall Street Journal:" Housing Lifts Recovery Hopes; Central Bankers Breathing Easier; Stocks Hit New 2009 Highs. Remember that markets will do whatever it takes, to prove the majority opinion wrong. Way too many market pundits are in agreement that good times are here again. Enough said. Be very careful.

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