SS says
This makes sense to me.
EWI is right to say that we are in phase C.
This is the most devastating phase.
Market topped in 2000.
Fell to finish Phase A after tech boom.
Rose until 2007 to finish Phase B.
Dropped in Phase C -
Phase 1 was 2008
Phase 2 - Up was 09 to 11.
Phase 3 will be from 2011/12 onwards - This will be the worst.
I think it may end around 2015/15 - the real bottom.
This makes sense to me.
EWI is right to say that we are in phase C.
This is the most devastating phase.
Market topped in 2000.
Fell to finish Phase A after tech boom.
Rose until 2007 to finish Phase B.
Dropped in Phase C -
Phase 1 was 2008
Phase 2 - Up was 09 to 11.
Phase 3 will be from 2011/12 onwards - This will be the worst.
I think it may end around 2015/15 - the real bottom.
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