the financial mess in the u.s. has infected other markets. banks around the world have been hurt by their exposure to varying degrees, including perpetual or macquarie on our market.
so there is hope that the fed will save us all. will they? temporarily perhaps. thu our market and many of the asian markets are overbought. the u.s. less so. there has to be some sort of correction soonish - however, like hedgie, i am having doubts about the severity of any correction we may have.
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