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Rush popping pills again
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<blockquote data-quote="1989" data-source="post: 674392" data-attributes="member: 10280"><p>As Tie was saying, markets correct themselves. The stock market, for example, has corrected from it's lows because it was grossly oversold. A broken stock market couldn't fix itself a few months but corrections can happen quickly.</p><p></p><p>The fact that we are talking about taxes on the banks already tells me that they were down (low on capital because or declining assets) not broke. That also tells me that obama thinks that banks are lending too much right now.</p><p></p><p>$147 oil was high but it corrected itself.</p><p>Home prices were high and it corrected itself. </p><p></p><p>My point is a market is worth what it is trading at. If you think a certain market is too high (or a bubble) then short it or stay out of it.</p></blockquote><p></p>
[QUOTE="1989, post: 674392, member: 10280"] As Tie was saying, markets correct themselves. The stock market, for example, has corrected from it's lows because it was grossly oversold. A broken stock market couldn't fix itself a few months but corrections can happen quickly. The fact that we are talking about taxes on the banks already tells me that they were down (low on capital because or declining assets) not broke. That also tells me that obama thinks that banks are lending too much right now. $147 oil was high but it corrected itself. Home prices were high and it corrected itself. My point is a market is worth what it is trading at. If you think a certain market is too high (or a bubble) then short it or stay out of it. [/QUOTE]
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