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Thursday, July 08, 2010

Stocks pull back

Stocks pull back on jobless data and retail sales which are getting worse. Things do not look good to me. Yesterday there was a 275 point rise. Folks, this is not wise. Baby boomers are starting to retire now. That means they will take their stock portfolios and cash in. However, young workers are not pumping money in. This is due to a bad economy. It makes me worry.