we may have had a ripper week if, page-23

My personal opinion is that we will see one final leg down, between Jan-Apr, based on earnings revisions. Earnings forecasts are still too high, and when the market sees the reality of this from Q4 and Q109 the market will react.

This will provide the greatest of opportunities. Earnings will deteriote a little further from there but be baked into prices by that point. Then i expect a slow recovery in late 09 and into 2010 as asset prices bottom and all of this stimulus begins to bite.

Would be interesting if anyone could support this from a technical stand point.