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Is this a bear trap?

Summary:
A big name Wall Street analyst says it is. I have my doubts.

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A big name Wall Street analyst says it is. I have my doubts.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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