Here’s one “professional” opinion on the developments today:
“People are using China as the main thing and as an excuse for selling,” said Keith Bliss, senior vice-president at Cuttone & Co in New York.”
“A lot of people know this is way overdone. They are just waiting and they are going to step back in next week.”
We’ve been out of the market for awhile, and our highly speculative film investments have actually proven to be more predictable than the market–go figure.
It will definitely be interesting to see how all of this plays out over time.
