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  • Big Difference between Price and Value [View article]
    Don't tell that to the SEC and the FASB accountants. They all think that (exit) price is fair value. Therefore. all companies need to price their portfolios using exit prices. As a result, the market keeps getting cheaper and lending has been impaired, and hence the economy has been greatly damaged.

    it is time to ignore the old metrics and stick to technicals.
    Nov 30 17:33 pm |Rating: 0 0
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