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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (88849)10/21/2008 9:40:24 PM
From: SouthFloridaGuy  Respond to of 116555
 
On October 10th, Nestle Bonds were trading with an 8 handle. Nobody was buying. That's how screwed up the market is.

I cannot help to believe that some type of normalization may cause a 30% rise in market indices as the good is sorted out from the bad.

Maybe we go lower after that. But first the good and bad need to be distinguished, IMO.