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pizzamad
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This is the beginning of the next phase of the bust, and I agree, it will be worse than Sept 08 to March 09 for stocks, Gold, Oil. What will go up ? The dollar ! Why ? Because people can't get credit and they need cash to survive, so they will sell assets to get dollars. Assets will fall in price (more deflation). Watch the short covering on the dollar kick in when it gets past 76. This will accelerate equity/gold/oil falls. Buckle up guys, things are gonna get real nasty. :fight: Forget the Christmas rally. The rally from March to last Monday (11/23) was a bear market rally. One day you'll be able to buy stuff for 10c on the dollar - hang in there. P