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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (82373)6/4/2007 1:48:00 AM
From: westpacific  Respond to of 110194
 
The final low should not occur until as far out as 2013.

What I expect is a nasty down leg starting this summer - going into late this year or even carrying into 2008 for the final low.

Then another rebound as the FED again steps on the gas. That leg should carry us to lower lows into around 2011.

The final lows, hard to predict, but many models I follow calling for sub 5000 easy.

This is going to take a long time to shake out, just like in the 1930s, this time it will be no different.

---of course I do not have a clue, so who knows.....:)

West