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Originally Posted by fluffy
What a great article. Manages to be sensational, alarmist, bullish, bearish, and utterly useless all at once.
The "chilling explanation" in the Gartman Letter somehow draws the parallel between 10-fold rise in Nikkei in 70s-80s and the recent ~6% run in the Dow?
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Agreed. If you really want to get scared, discount this type of article and look at the mother of all bubbles, the derivatives market.
"The latest estimates judge it to be worth some $236 trillion – or about eight times the GDP of the entire planet. In other words, it is a bubble larger than the world itself."
http://www.moneyweek.com/file/18497/...l-bubbles.html
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When the wind changes, change tacks.
The Retiree Formerly Known as SoonToRetire (TRFKASTR)
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