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Eric Bjorgen
Eric Bjorgen
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Co-manager, Leuthold Asset Allocation Fund

Now is not the time for wholesale selling. That should have been done a long time ago.

We don't think stocks will be bad for long. Since World War II, the average bear market has lasted about a year.

Usually stocks bottom out about halfway through, which would put a recovery around June if the market follows typical patterns.

NEXT: David Laibson

Last updated April 28 2008: 1:20 PM ET
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