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Battle Takes Fun Out of Today’s Gains: Meaningless

August 17, 2010

Brian Battle, Director at Performance Trust Capital Partners, talks about the U.S. stocks with MarketWatch's Andrew O'Day.

"Historically, summer has been slow. The past couple of years that hasn't been true because of the depth of the crisis we endured after 2007, 8, and 9. But this might be getting back to normal," Battle said. "We could be up or down 150 for no reason." He adds volume likely will be low and gains or losses almost meaningless, until we see "actual growth in earnings or projections, and that large U.S. manufacturers and providers see growth or can project growth. And we're not getting that."

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