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  • Fairy Tales: Reassessing the Market Mindset [View article]
    The bad news is we've experienced a huge hit (down around 50% at the nadir) already.

    The good news is- because of that large drop, we could easily see a 50% upmove from the November lows and still be 25% below the October 2007 high point.

    Here's the very simple math:

    Start at a 100 base,,,,,,,,,,,,100
    Drop 50% .........................
    Regain 50% .........................

    While still 25% below the all-time high of 100
    you've recovered 50% from the November low point.

    This is not at all out of the question.
    Nor is it an upper limit to what might happen.

    Stop worrying about statistics and start looking at buying some sxeriously undervalued quality shares that can easily bounce back by 50 - 100% to where they were just 6 - 18 months ago.
    Jan 05 16:13 pm |Rating: +2 -5
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