No Guarantees

Obviously, no guarantees, but I thought a bit of optimism would be appreciated in time for Thanksgiving. Here’s a recent release from Louis Navellier, a well respected money manager.

Reno, NV (Marketmail) – November 22, 2011
The S&P 500 fell 3.81% last week and another 1.86% Monday. It is now down 5.14% year-to-date. If the market doesn’t rise soon, this will be the first decline in a pre-election-year since 1939. However, I don’t expect that to happen. I expect we’ll see a vibrant year-end rally. November and December are seasonally strong, fueled by year-end pension funding and holiday goodwill. While all eyes are glued on political struggles in Europe and Washington, the latest economic news gives us cause to be thankful.

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