you see folks aussie market in the green, page-7

I was listening to an interview last night on CNBC Menta, and when you see banks like New york Mellon trading at only 40% of its cash value if it was liqudated, what does it say? Is it over sold, there where quite a few in similar positions. On the flip side could these banks lead a bounce up, not many institutions trade a 60% discount to cash value.
With uncertainty and the media, bloggers and posters all looking for a slice are the calls over done has the herd been pushed even further because the media reports of it could happen. I am not saying it will or wont but for every huge call down or Up you find that the reality is somewhere in the middle. Now if you look at a bull run is the media push on how everyone is making money actually force the market upmaybe more than it should go. just as now is the media the calls of big fallsforcing markets lower than they should. Time will tell but most likely in 6 months if you loook back the posts you will say what the hell where they on about. interesting to go back and read post of 12 m0nths ago none of the predictions where even close, what makes the the class of 2011 any smarter wiser than 2010?