A viscious, brutal, gut-wrenching bottom, however the pain looks to be over.
Thank goodness it was only a few days' worth of pain. If this had happened over, say, a month my nerves (and shares) would have been completely shot.
Anyway, here's the totally irrational reason why. Apparently, a collapsing economy, bankrupt housing and banking sector, as well as massive interest rate cuts and monetary printing is the best reason in the world for the $US to rally.
Go figure!
the bottom is in
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