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Too funny. I read this article when it came out yesterday. And now, a day later, he appears on FF? Looks like someone has been caught unprepared by the euro and needs negative news in the US, huh. The Morgan Stanley indicator? Oh my God, how can we resist? Paaalease.
Hey now, never attribute the mischief where stupidity could serve as a reasonable explanation.
Human existence is based on self-delusion, do not immediately assume the worst of those who, for one reason or another, turn out to be wrong.
As far as the market is concerned, the reaction to the news is anyway what makes the prices fluctuate more often than the news. The worst crisis can only occur when most people think that everything is going to be fine and that the best buying opportunities come when people have given up hope.
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