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  1. I don’t know if today is going to be a Weeeeeee! day (doesnt look like it,though) but this correction is seriously overdone.
    In 2008-2009 the financial system was coming unglued. A high level of fear was appropriate. There just is nothing like that now. Corporate earnings are up. Manufacturing is up.
    The big negative is unemployment, which will stay high for the forseeable future, and is way more than accounted for by the recent stock market sell off.
    You can buy great companies with good dividends and be paid to wait for people to get more greedy than fearful.
    For example: Con Edison, Johnson and Johnson, Coca Cola. (I dont own any of these – just saying the inherent risk is really low in these names)

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