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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (53795)7/24/2006 7:56:28 PM
From: Incitatus  Respond to of 116555
 
The NASDAQ was in a bubble in March 2000, and when it crashed not every stock went down. Heck, some NASDAQ stocks rose (eg, gold and silver miners).

But just as surely as there were double digit drops in stock prices in 2000-2003, home prices will be down double digits by summer 2008. They're already down double digits since last summer in Massachusetts, and the nation is not far behind.