Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Dan...

I can find little in the post to argue with - longer term, I still think we are going 35-45% down from here on the DJ, more on the NAZ, and some things will be hit considerably worse than that.

Earnings are not through falling as the economy heads back into a consumer led recession that will last a while and that has yet to be factored into the PE also. My only question is when the next leg down begins - next week or a couple of weeks, or a month from now. But it is coming, of that I am convinced.

mlsoft