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DIA
QQQQ
SPY
5
Plays
CREDIT SUISSE: BUY THE DIPS – THE BEAR ISN’T HERE YET
Strategists at Credit Suisse entered 2010 with a very cautious tone and an outlook similar to our own – 2010 would be a year of halves. The first half would be a continuation of the trends that helped the market surge in 2009 while headwinds would build near H2 2010 and result in market declines. The recent downturn in stocks hasn’t changed their outlook and they view the sell-off as a buying opportunity
Submitted by
Analysts/Banks/PMs/HFs
2/2/2010
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Analysts/Banks/PMs/HFs
2/2/2010
Analysts/Banks/PMs/HFs is playing it
DIA
Long
1.97%
QLD
Long
7.76%
QQQQ
Long
5.03%
SPY
Long
0.17%
SSO
Long
1.21%
I am playing this headline with (SPY DIA QQQQ SSO QLD) because "Credit Suisse sees continuing strong trends in the earnings picture which makes it very difficult to formulate a thesis for a substantial decline in stocks"
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