Elevator Shaft Market In The Making

February 16, 2012   |   February 2012 Bond Updates
At last night’s Golden State Warrior game, my buddy remarked that to him this stock market looks exactly like the elevator shaft market as in October 1987 the stock market dropped 25% in two days. The more I think about that image of an elevator shaft market, the more worried I become.

View more at: http://www.forbes.com/sites/investor/2012/02/16/elevator-shaft-market-in-the-making/
 
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