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The fall rally has been sputtering after a promising if unexciting start. Q3 2012 earnings season was expected to show a few percent decline in earnings across the S&P 500. Not the sort of thing to have traders on the edge of their seats. So far the overall earnings projection has been fairly accurate. What traders were not prepared for was the companies that were missing estimates.

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avatarEric Coffin - HRA Advisories posted Tuesday, November 6th, 2012.

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