Middle Market M&A t...
i still think a trip back under 7000 is in the cards. that is just my opinion i
might be totally wrong
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Eventually we will be head back down to 7000 and lower imo, but not in the
immediate future. The government is borrowing
I think we have a lot of questions that are answered... some banks show they're
not going under and if they do get in trouble, they'll raise capital by diluting
shareholders or preferred shares.... also the government will step in and fund
there operations just as they've done with Citi....
Also, we see demand in China as a positive that we didnt see in February as well
as some tech companies report great earnings showing some signs of a
rebound.....
That compared to late February early March should show questions are answered
and a lot less uncertainty, we arent going to hit anywhere close to 7000.... I
think you should be buying stocks right now with valuations so cheap....
me personally I'm keeping some cash just in case we go lower, but I dont see the
market hitting under 8000.... If it does I'd go all in but what do I know....
one person replied that there arent enough bears to take us that low. that is
what is scary. if everyone gets bullish look out below
I don't think there are enough bears left to drop the Dow that far. It seems
like everyone has been waiting for the inevitable 10-15% correction and maybe
now it's finally arrived. Get your shopping list ready. DB
why? mike
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