i agree.
reputable brokers, and even guys that have been in the market a long time ala ian huntley are calling this a correction with a likely bottom for the xao of 5500 or 5700.
these same guys are promoting this as a great opportunity to buy good quality stocks on the worst down days.
i dont think we will finish 07 with a 7 in front of it but neither do i think this is the start of a major crash.
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