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Dr T

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Except for the truly delusional, the state of the US economy is in the toilet, however, I do not think the bubble has completely burst. I think we are going to see more hits to the economy in the next five years so that we will celebrate if and when the Dow hits 7500 as a two year high. What happened to the Nasdaq needs to happen to the entire market and in particular the housing market. Prices now are too artificial and need severe market adjustment. The US government can not stop the coming depression, it can only slow it down.

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