Yes -- the last time we had a banking crisis that resulted in deleveraging in the same scale was 1907. The price mechanics of fire sales are different than a depression. Rapid crash to find bottom and then rapid rise. Each time, it was JP Morgan who bought the dip.
Not to say I am not short the weak sectors of the market, or don't think there will be a correction at some point. I was specifically discussing the article...
The week isnt even done yet and Im calling for 9 straight up weeks in a row!!! Tonight earnings from AMZN and MSFT should give a boost to the nasdaq yet again, no need to sell, SPX should close tomorrow above 1310 and move ever so close to 1350!!!!