My friends, these are the times that try men's souls.Â I believe we are starting "the race" to the bottom (or not).
``We're seeing panic all over the markets right now,'' said Javier Barrio, head of equity sales for Spanish clients at Banco BPI SA in Madrid. ``Governments are taking steps to try to reduce investors' fears but confidence is weak.''[via Bloomberg]
The scary thing is that one of my simulations show the S&P500 could reach 700 rather quickly.
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