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Still on the same recession started in the 2008. Of course, if we are talking Wall st, then yes, a second recession is coming. They need another bailout because they bet on the wrong side again.

Considering our debt situation, european debt situation, high unemployment both here and abroad there is virtually no reason to believe we will enter a bull market any time soon while a recession is practically around the corner. I am bearish on the next 12 months, but bullish on the next 1 to 3 months as a suckers rebound is due.