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Tuesday, June 23, 2009

Gunning for a correction

I have been waiting for a stock indices market correction for almost a week and it seems to be closer now.

With the recent approximately 10% unemployment rate in many U.S. states and the World Bank saying global recession to deepen despite recent better other economic data, the world stock market could be realizing a correction soon.

I am gunning for a few long term investments this time round instead of contra. I shall wait for a week or two.

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