Monday 3 October 2011

Stocks are cheap.. but they'll stay cheap

I just wanted to write something quick here. I'm watching kudlow report right now and one of the analyst just said "stocks are cheap but they have been cheap and they probably will stay cheap".
That statement just defines this market. Now I think the highs for the markets are in for the year but until we see a big solution in Europe the markets will just muddle along or continue to drift lower. Sad but true.

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