Is this the capitulation that could signal a turnaround on Wall Street? The marketplace has been rocked by news of Mother Merrill's passing. Coupled with the recent Lehman news and it may be a recipe for the white flags, a good sign. Let the investing public throw up the white flag, wave their hands in disgust as their holdings plummett, sell to avoid further losses thereby exasberbating the fall and, voila, a bonafide buy-at-the bottom moment for those with the discipline and fortitude to do so.
Review of current holdings yields the same concern posted here.
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