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STILL TIME TO BE CAUTIOUS BUT<br />
OPPORTUNITIES ARE FOUND IN<br />
EXTREME PESSIMISM<br />
“Decline in stocks is not a surprising event. It recurs. If you live in cold climate, you expect freezing<br />
temperatures and when it drops below zero you don’t think of this as the beginning of the next ice<br />
age. You know summer will be warm again. Stocks do the same” – Peter Lynch<br />
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