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Popular Financial e-Letter Profit Confidential Reveals Why Phase II of the Bear Market Has Been So Long 'This Time Around'
Profit Confidential, the popular stock market and economic e-letter, says today that, once the bear market rally that started in March of 2009 is over, the bear market will likely test its low set on March 9, 2009, of 6,440 on the Dow Jones Industrial Average. Profit Confidential says the bear market isn’t over; it’s just been delayed from completing its cycle due to Keynesian-type fiscal and monetary intervention, hence why Phase II of this bear market has
