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"My guess is that 2009 will be more sideways than down."
Dec 23 09:28 am
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All Comments by Roger Knights »Will 2009 Be as Bad as 2008? [View article]
This qualifies you as a "Bunny," my term for one who anticipates a zigzag path (rabbits do this to throw predators off their track). I think what the bears may be missing is that strong inflationary injections will keep stocks at about the same nominal prices, even while they lose value.
It's kind of odd that, although markets move sideways at least 1/3 of the time, stock market soothsayers are focused almost entirely on the question of "Up or Down?"