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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (29085)11/27/2007 9:37:44 AM
From: Jurgis Bekepuris  Read Replies (1) of 78730
 
And now he's a super-bear:

Quote:
"I think we're headed into a deep recession, the worst since the Depression, as dozens of banks will fail," Burry says. "With massive foreclosures, there are homes that won't see the prices of two years ago for decades."

Puhlllllllllleaasee!

Read my lips: not going to happen.

But if you believe him, sell everything in sight, buy gold, get a bunker and dig in there. Cause with his projected dozen bank failures the market will not be pretty. ;)
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