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      10-03-2011, 01:16 PM   #326
M3Bahn
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Quote:
Originally Posted by mact3333 View Post
That actually implies we are getting close to a tradable bottom...I agree this is true...hard plunge followed by several month rally is what I am expecting.
Then back down in 2012

Quote:
Bob Janjuah, the notably bearish fixed income analyst for Nomura Securities, believes that a market low is coming in October that could be followed by a late-year rise. But 2012 holds little but a bear-market roar that could take the Standard & Poor's 500 [.SPX 1108.66 -22.76 (-2.01%) ] all the way down to the 700 range—a numbing 38 percent drop from current levels.
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