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To: Paul Shread who wrote (173610)11/18/2008 12:00:23 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 209892
 
The point is that "only one market" needs to read "only one US market". There are many other markets - both historical (ie, they failed and no longer exist) and current - where oversold conditions sharper than this have occurred or are occurring.

It's a bit like validating a medicine by only looking at the survivors.