From The Pragmatic Capitalist:
Strategists at Credit Suisse entered 2010 with a very cautious tone and an outlook similar to our own – 2010 would be a year of halves. The first half would be a continuation of the trends that helped the market surge in 2009 while headwinds would build near H2 2010 and result in market declines. The recent downturn in stocks hasn’t changed their outlook and they view the sell-off as a buying opportunity.
The team’s tactical indicators are mildly bullish at current levels and quickly approaching levels that...
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