SPDR S&P 500 (SPY): Learning - If our current decline lasts...

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Re: learningboutinv post# 49408

Sunday, 05/11/2008 1:45:58 PM

Sunday, May 11, 2008 1:45:58 PM

Learning - If our current decline lasts as long as the housing market decline of the Great Depression, the housing market will bottom in 2012 which times perfectly with this chart. I would guess 2012 will be the MINIMUM length of time because of what we have seen with real estate in Japan over the last 17 years.

Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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