Friday, October 03, 2008

Are stocks in a bubble?

Either the credit market is right and this is a real disaster, or the equity market is correct and there will be a future.

One of these markets will reprice themselves. The farther divergence between the two means the one that is wrong is going to reprice itself at an accelerated pace.

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1 Comments:

Blogger John Liberty said...

If you want to make a lot of money...load up on short dow futures. even better - load up on an etf that shorts dow futures in terms of euros.

12:03 AM  

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