zeev, you still in erts? i took 2.5 bucker in my regular account and am letting my IRA position run. hope we get another strong dip. its already traded almost a days worth of regular volume.
That means you are estimating a 44% drop from the November peak (roughly 1520 to 850). I guess if the commentators are looking for capitulation, that might cause some.
Hard to believe the economy and particularly Real Estate would emerge from that unscathed.