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To: jmiller099 who wrote (172161)10/3/2008 4:31:01 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
100% against...based on my read that 2002-2007 advance was impulsive and 2007-2008 decline ...as I posted last night...has been corrective and appears to be in its final stages..

What is the basis for your 60% probable ??



To: jmiller099 who wrote (172161)10/3/2008 4:57:16 PM
From: Wyatt  Read Replies (1) | Respond to of 209892
 
OT:

I think I would say "more than likely."

Since the '02 lows were the result of the dot com bubble going burst, so will these lows be the result of the housing bubble popping. The likelyhood of the market going up from here is against all reason.

Add to that the fact that earnings for this holiday season will be pathetic to say the least.

Way to go, Fed!


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