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Originally Posted by pgardn
I hope people do flee. I aint. There is so much upside in so many areas... there is some huge technology waiting in the wings. This kind of thing always happens. US manufacturing expanded in Feb. and now we are down only 15...
The real lesson in the US stockmarket has a much more global nature to it than in the past. And that is good. For those of you hoping for a complete crash, I dont think we are going to have another black October in March. If we do, we start over, no biggie.
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pgardn,
I hope for a strong US economy.
I wasn't paying attention to the China market a few weeks ago when it jumped in valuation by 15%. When that market "corrected", it had an effect on other markets, including ours.
My guess is that will take two or three months for things to settle down.
Yes, there are bargains to be had, and strengths in some sectors.
Here's an article about this week's events:
http://www.huffingtonpost.com/huff-w...02/wall-street