Quote:
Originally Posted by jimj
Baaaaaaaaaawwww Hawwwwwwwwwwwwwww Haaaaaaaawwww, this is the best chuckle I've had all day and I thank you for that...
I've gotta ask, do you also think that the latest GM deal was a good thing?
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No not really, I would have preferred to have seen it not go into bankruptcy, but - it is what it is.
On a related issue, another article making a point I've mentioned for weeks now - the fact that the market had gone far too low for the actual economic conditions (driven mostly by somewhat irrational fear - such as that spread by you folks) and that the 30% or so rebound the last couple of months was largely a correction that brought the market back to where it SHOULD be for the current economic conditions - taking into account the expectation that the recession will end later this year (a view held by around 80% of the economists polled).
Investors are finally used to bad news - May. 27, 2009
Ken
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