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  Page: Bull Market Believers - BusinessWeek

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  Veteran money manager Laszlo Birinyi will never forget the moment a year ago when the last ounce of confidence disappeared. New York University Professor Nouriel Roubini and many other prominent pundits were convinced the economy was in free fall, and that the consequences for the stock market would be dire. To the 66-year-old Birinyi, who oversees about $300 million, the widespread pessimism was a clear sign that stocks were headed higher: "At turning points," he says, "the mood is always in one direction."
  Three to one, stocks look like they may be heading higher.

  Eric (219)
  Thu Mar 11 22:10:37 +0000 2010

  

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