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mr_cassandra

11/22/07 6:25 AM

#17269 RE: positiontrader #17268

Yes. Its highest return years were during the nasdaq bear mkt. I think the correlation is volatility.

If I overlay mvps returns by year versus avg vix per year, there is a close correlation

I saw the recent sharp uptrun in your equity curve at C2 and agree we could be headed for bearish times.

The subprime mess incredibly underestimated and downplayed by all manner of 'experts' in the media a year or two ago.

They are now falling all over each other to predict more and more downside now.

I imagine shrewd real estate investors are going to get some good deals, by purchasing when 'theres blood running in the streets' as the old saying goes.