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


To: Lizzie Tudor who wrote (105994)2/21/2008 4:09:27 PM
From: megazooRead Replies (2) | Respond to of 306849
 
<If they are going to fall "more" they need to start falling.>

Give it some time. I think it will happen, and when it happens will overshoot to the downside. I was a tech bull until now, but I can't see how GOOG will not trade below 400, AAPL below 90 and VMW below 40. The market has left tech largely unscathed (compared to other sectors); but why should tech be insulated anymore. I think oil might trade to 125 - in a couple of years- but first it will go down to the 70's/80's. Unfortunately, this recession could be one to tell our grandchildren about.