Mackra: The last month that has more or less seen a 500 point advance in the s and p has been a very bullish advance. He says it's premature to be all ready suggesting that this is a bull market just because we've bounced after a six month bear. Mackra: As we go into the post labor day period and the market gets active again, there's lots of potential head winds that could cause this market to come right back down.

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