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50% crash, Hellyeah? A 10% correction maybe on an overalued...

  1. 325 Posts.
    50% crash, Hellyeah? A 10% correction maybe on an overalued market with sellers outnumbering buyers across the board, but we should get the usual xmas rally.

    I don't see signs of a market blow-off to justify a 50% crash. A crash in one of the highly leveraged private equity funds may precipate a big crash through a chain reaction. February is traditionally a key month for corrections in the US market (end of financial year adjustments coupled with overvalued stocks), so then's the time to be very vigilant.

    Maybe you meant 15%, I can easily accept that.

 
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