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HAVING A CANDLELIGHT VIGIL
FOR THE VICTIMS NEAR THE
HOTEL ON SATURDAY.
>> THE DOW AT 15,000. ROB
BLACK JOINING US NOW WITH
SOME IMPORT, EXPORT DATA
FROM CHINA.
>> DRIVE 45, THE CHINESE
ECONOMY IS PROBABLY A
POPPING WHAT TO ADD AT THIS
TIME. THEY WENT THROUGH THE
OLYMPIC CYCLE AND BASE OF
SOME INFLATION AND THEY ARE
BEGINNING TO QUESTION THEIR
DEBTS. THAT IS SLOWING DOWN.
THE WORLD SORT OF NEEDS
CHINA BUT AS A U.S.
INVESTOR, AT U.S. A IS DOING
FINE. THIS CONTINUES TO BE
THE STORY OUT THERE. THE
FEDERAL RESERVE'S MINUTES
MEETING. THE LAST FOUR OR
FIVE MEETINGS AT ALL OF THE
ECONOMY IS DOING BETTER
RIGHT? OR IS IT JUST A FLOW
OUT OF EQUITIES.
>> I WOULD GO WITH THE FLOW
AND NOT BE A KNEE-JERK
ANGLE. LOW-COST MONEY HAS
FAVORED UTILITIES. IT HAS
FAVORED BY A DIVIDEND STOCKS
AS AN ALTERNATIVE TO BONDS.
THEY CHANGE NOW TO WHERE IS
THE GROWTH GOING TO GO AND
WHAT DOES THAT MEAN. AS WE
ADD JOBS, CONSUMERS WILL
SPEND MONEY. BANKS WILL
BORROW MORE MONEY, WE SAW
CREDIT GO UP RECENTLY. SOME
CONSUMER STAPLES STILL LOOK
LIKE A GOOD PLACE.
>> THE S&P GETTING CLOSER TO
ITS ALL-TIME HIGH. WE WENT
TO SEE A BIG DROP IN THE ARE BAR
15,000.
>> IT IS CRAZY. JANUARY
THROUGH JUNE ARE ALL
TRENDING HIGHER. NOTHING TO
CRAZY. WE ARE DUE FOR A
PULLBACK, A CORRECTION. A
LOT OF PEOPLE ARE LINING UP
THEIR
MONEY, THEIR INVESTMENTS AND
HOW.
>> IF YOU HAVE ANY 401K, DO
YOU KEEP PUTTING MONEY INTO
THAT OR YOU JUST PUT IT INTO
CASH AND WAIT FOR A
CORRECTION?
>> I HAVE NEVER MET ANYONE
WORTH A MILLION DOLLARS
BUYING MARKET. I PUT IN MY
401K EVERY TWO WEEKS,
SOMETIMES I BY HIGH,