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To: Giordano Bruno who wrote (357252)2/12/2008 8:01:16 AM
From: Secret_Agent_Man  Respond to of 436258
 
it's all good



To: Giordano Bruno who wrote (357252)2/12/2008 8:39:38 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Who knows. Everyone is expecting Great Depression II, so
it may not be much of credit market improvement to rally
stocks. The crucial difference between 1987 and today is
that stocks are very undervalued relative to the treasuries.
Note that US current account deficit is finally improving
a bit, after the dollar took quite a dump. Not that more
of a dump is not coming, but there is a light at the end
of the tunnel. Maybe it's a train -g- The Fed is inflating
away bubbles. It's a dangerous week, expect sharp moves
in either direction soon, this week or next. -g-