wednesday wobbly, page-25

Look at the relentless sell of banks. I guess they are well deserve it, way ahead of themselves. I guess still 20% more overvalued.

If banks have a crack, and commodity stocks enter to a weak period, we should have a decent correction. 5%+ already. Looking for another 5 to 10%?

My mind is another 5%, which bring us down to 4500. History shows there is no more than 15% after two big crash 12 months prior.

Well, everything is new. History will never repeat itself.