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Technology Stocks : Max90's LINK STORAGE to stock quotes
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To: Crimson Ghost who wrote (3784)11/20/2008 6:53:55 PM
From: LTK007  Read Replies (2) of 3906
 
CG, we have in a Once in Lifetime historic event.
What has got me amazed is my worst scenario seems to be going at highspeed(a fear i have had because of the virtual speed of light global trading at any volume level, world wide.In 1929, it was still ticker tape and telephones)
When on 11/6 i called for 720 bottom i was moving up that forecast about 9 months from where i had imagined it.

The Spear Report call of for SPX at 450-500 within 12 months now seems a given.

The market has not behaved like this since 1929, and the then market proved to be correctly predicting a Great Depression..

The Great Depression really didn't lock in until late 1930.
i now feel by the end of this year the term Great Depression II will be the reality, it will be locked in.

But, yes, One Day wonders are again in play, i am thinking i might just use the ephemeral wonders to take back to 10% i have already in the market.

i have to look at some charts and ponder, but i am now think 50/50 DOW 6,500 before the EOY .

We are now in something outside the parameters of our experience,.
Just look a Buffet--he never experienced 1929 though 1932.
BRK-A is now down 50% from its highs.

i am seeing stoccks that getting close 1-1 P/E LOL.
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