Basically we are right at the bottom of previous crashes

If current crisis is more severe than all of previous crisis, then the market may drop further down. I think it's more more severe today. Whether or not today's crisis will rival Great Depression, I am not certain about it. See, everybody still has his/her jobs. During 1932, half population was on the street begging for foods.

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Because you have only seen the beginning of the fall -mm48- 给 mm48 发送悄悄话 (107 bytes) () 11/20/2008 postreply 06:49:47

好图!就按你这个推论 (〉73, <29), 道在明或后年达4-5千水平。 -贪玩- 给 贪玩 发送悄悄话 (0 bytes) () 11/20/2008 postreply 07:02:39

If Great depression, 4k is possible. But we don't know yet -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 11/20/2008 postreply 10:29:05

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