Harry S. Dent, Jr., of HS Dent Investments – Forecast Update August 17, 2009:
China broke below some key levels last night and that market has been leading this bear market rally. The Dow has now traced out a bear market rally nearly identical to the one in early 1930. Hence, the odds are growing that this rally has come to an end.
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It is still possible that the markets could make another run up into early September after a pullback here, but the odds are that we have already seen a top.
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