Trinitymaster

Market and Economy Predictions for 2009

MrGeneric said "Everyone wants to be a Messiah nowadays. What a cheap prediction. I'll buy that for... 50 cents on the dollar!"

He's on the right track. Everyone says to buy now because everything is "half-off."

Consider this:
Housing values had quadrupled in the last 20 years before the current CRASH. What if housing values were inflated before they started on their exponential journey?

We may have to correct to 1985 prices before the bottom is reached.

Now, look at the Stock Market- It more than tripled from October of 1993 (around 3300) to August of 2000 (around 11,000). Since then, the market has been correcting.

Sure- we had a huge "Sucker's Rally" that peaked near the end of 2007.

It is possible that we will correct to 1993 levels.

Keep cash on hand. Don't put any extra money into the Stock Market.

What we are going through now is only the beginning.