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Investors Business Daily turns bearish on the rally
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Tuesday, January 26, 2010
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From The Pragmatic Capitalist:

Investors Business Daily has had a nice track record during the 2008 downturn and the 2009 rally. Investors who followed their Big Picture outlook sat out most of the 2008 losses and jumped into the rally shortly after it began. They remained bullish throughout most of 2009 and only turned cautious (but not bearish) later in the year.

As of Friday, IBD has officially changed their market outlook to...

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