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J Grantham out with qtr. letter


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I do like articles that look at things from an historical perspective. Bottom line, accurately precicting the timing of large market changes in direction is pretty much impossible. In the coming months it will be interesting to see what the end of QE2 will do to stocks, bonds, commodities, US$ etc (if anything).


At the present time, Mr Market apparently sees no big problems... everything is OK; move along please!


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