"If The Fool persists in his Folly he will become wise." - William Blake
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Why a ‘fanatical run’ higher may be shaping up for stocks
The bulls, after enduring a nasty August stretch, have high hopes coming into the week. Not only does the blogosphere feel a bit less gloomy than usual, the results from Barron’s latest Big Money poll paint a pretty clear picture that the pros are gushing over the potential for a sustained push. Of course, that’s not necessarily a good thing. Ask any contrarian. Whether this week, specifically, lives up to the positivity depends on a load of earnings, with a dozen blue chips on the docket. Other than that, updates from the real-estate front could steal the spotlight, if only momentarily. It’s doubtful any big ... (full story)
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