dont be fooled, we are know were near a bear market ,the dow is trading on a p/e of just 16 does not even come close to a bubble, growth in china is rediculous and india is coming to stream with double digit growth. My fellow traders we are at least a year away before any sustained correction beyond 3 months takes place...Current correction is a massive shakeout, giving the mountains of cash that funds have to take an even greater position at lower prices.
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