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To: MythMan who wrote (411210)10/20/2010 4:11:37 PM
From: Horgad  Respond to of 436258
 
I wonder how many people were bullish on the mark during Weimar hyperinflation? I would bet that bullish sentiment at times goes to virtually 0 and stays pegged there until the end.

Just like a stock that is going 0 never to return that sentiment stuff stops working at some point and the price will head towards value no matter what.

But the problem as always with that black swan crap is that they are such low probably events. So yeah I'm long the dollar sitting on too much US cash, but I am not happy about it...



To: MythMan who wrote (411210)10/20/2010 6:39:29 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
3% according to who? that's nonsense



To: MythMan who wrote (411210)10/20/2010 8:36:36 PM
From: Terry Maloney  Respond to of 436258
 
I did. Bought some puts on BAC with them. <g>