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"It’s been a remarkable ride—and one the stock market is unlikely to see again. After hitting bottom during the depths of the financial crisis two years ago this Wednesday, the S&P 500 Index has soared more than 95 percent."
the s&p doesnt reflect really how high the gains were because of the way it is weighted..
the most recommended stocks since 2008 are up 140%... the stocks most panned are up over 300% with many many in between. the gains for most issues are far more then reflected in the indexes
For what it's worth-I think the S&P is going much higher after we get through this pullback. I think the Middle East will settle down and oil prices were drop in the short-term supported by supply increases. We will see a big rally pushing us to new highs.
There are way too many cheap stocks that are still beaten down. The tech sector is too hot right now, but look at banking (C, BAC and BPOP are steals), m&a (fortress/acap) and companies like S and SIRI are good long term gambles IMHO.
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