Lex, we are seeing a major contraction in the market and we have more bad news to come out next year, we are not even half way through this contraction but when i read your comments I become frustrated as I work in this sector and I am aware of a number of things. Unfortuntaly, the market works on confidence and when I peruse your comments it sounds like you know what is happening within Goldman and I do not think you do unless we know each other.
Secondly, this downturn will generate more millionaires than any other downturn and it is all about taking risks. At the end of the day traders and investors need to make their own judgement to either buy or sell all we do is give them advice.
No offence to you and yes you are entitled to your opinion.
what is pna's real vaule, page-17
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