(Bloomberg) -- U.S. stocks are probably in the early stages of an advance that will last three more years, according to Paul Desmond, president of Lowry Research Corp. Desmond says he sees no signs the rally will end after expressing doubt in June about the sustainability of gains that went on to lift the Standard & Poor’s 500 Index 57 percent from its March 9 low. He was named 2009’s best chart analyst by Technical Analyst magazine.
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