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This is what a real market crash looks like
Investor Jeremy Grantham thinks stocks are overpriced, and he shows how long it could take the market to recover after another crash. Investing sage Jeremy Grantham sounded a little guilty in his latest report to clients, titling it "The Shortest Quarterly Letter Ever." He should hold the apologies. Grantham, one of the pithiest market writers around, includes a chilling graphic in the four-page note that is one of the most mesmerizing market visuals of 2011. Grantham is a value investor who oversees nearly $100 billion at his Boston-based firm, GMO. Using historical averages of prosaic data like profit margins ... (full story)
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- Dec 7, 2011 9:42am Dec 7, 2011 9:42am
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- raczekfx
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- ForExtraPips
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Time turns trend. - W.D. Gann
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- isaacyassar
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The tone of your words reflects the quality and result of your trading ;-)
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