Market Commentary
Bob Elson
August 12, 2009

US STOCKS/OPINION: "Market still has another 50% upside," according to Fred Fraenkel at Beacon Trust Company. Says - "The market is not overvalued if you believe an economic recovery is just beginning and you discount the future stream of earnings with the continuing low interest rates currently available. There is a lot of continued upside potential if the U.S. figures out how to take advantage of the explosive growth happening in newly consuming nations...A correction is possible at any given moment, but the correction will create a buying opportunity rather than a reason to exit stocks."