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There are some major opportunities out there........
My guess is that if Obama wins, there is possibility that the market will rally maybe even through mar 09 but after that we might revisit lows again if there are signs of a deeper recession then its all bad news.
Long term though, i reckon probably a good time to buy though i worry that long term gains might be mitigated by a serious fall in the dollar at some point if things in the US deteriorate. There isnt too much money around and there's probably only so long that the US can keep funding itself with debt.
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