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S&P 500
5,464.62
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-0.16%
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US TECH 100
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-0.20%
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maksim

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maksim

Re: Tommy86 post# 12081

Friday, 12/05/2008 2:33:06 PM

Friday, December 05, 2008 2:33:06 PM

Post# of 364384
guys dont get it?

the vast majority of the money that was invested is sitting in cash, by last account over 3 or 4 trillion.

The market is already pricing in the end of the world.

The market is looking 6 months ahead.

Large unemployement + lower wages = Corporations are leaner, more efficient, reduced costs = Profit. Profit good for shareholders.

Besides, 6.8% unemployement is not terrible, we are expecting between 9 and 10 as a firm.
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