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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (47576)1/22/2006 1:30:44 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
The "Wiz" always says markets do the opposite the day after options expiration. Stock traders almanac usually shows weak late part of January. Then you have a nice 3-4 day rally end of month and early Feb. Then perhaps the real plunge. "Wiz" expects brutal selloff with huge buying opportunity in October leading to another 2 yr plus monster rally which of course includes the always strong third year election. I can't see a goldilocks low inflation, low interest rate, low unemployment economy out of this mess. So the plunge must be much deeper than anyone thinks taking DOW back into the 7k-8k range. A move to 12k is a huge percentage. Of course buy and hold go nowhere like the 1966-82 period..