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dww10063

03/07/12 9:23 PM

#1466 RE: upn8th #1452

Thanks upn, great to hear from you. There are too many unknowns regarding energy, euroland, the middle east and players to be named later for me to project confidently. My guess is another extreme breadh low in 6-18mos at same or slighly higher price than the last low. As you can see, the past ten years looks somewhat like the 60s and 70s, and we could well be in for another difficult ten years if Hussman's valuation model plays out. Best, Don