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#1 |
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Members
Join Date: Oct 2002
Posts: 497
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Yup, there needs to be a MAJOR rush to the exits for a major bottom to occur. One number that is thrown around says that panic selling needs to occur, with at least one day (usually more) that result in 90% of the total volume for the day being down volume. People can't sell their stocks fast enough.
Frankly, the way the Dow charts look... we have only seen less than half of the decline in store for it. Re: real estate - its a bubble waiting to pop also. Its gone up too far, too fast.... and nothing goes up forever.... everything has its cycle. |
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