Player Avatar Paramnesia1930 (29.72) Submitted: 7/31/2009 6:46:31 PM : Underperform Start Price: $16.33 HMIN Score: +18.86

The 1929-1930 equity rally (coming out of The Great Depression) lasted 147 days and the market was up 46%. It has been the same amount of time since the March, 2009 low and we are up about the same percentage. It’s déjà vu (paramnesia), so prepare for a drop of about the same percentage (85%).

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Member Avatar BigFatBEAR (29.29) Submitted: 8/6/2009 11:23:54 PM
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While I'd like to believe you are right, I fear you are wrong.

This market will need a catalyst to send us back down that far again, and no major catalysts can be seen for miles by this bear.

Member Avatar bankswillfail (39.33) Submitted: 10/27/2009 1:28:22 PM
Recs: 0

commercial real estate

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