How Low Can It Go?

[Schneed10]

Originally Posted by dmek25

Existing-home sales leap in June
Dow tops 9,000 after home sales data
Ford reports surprise second-quarter profit
so, dd we bottom out?

Yes, we did a while ago.

I expect we'll take another dip down as another wave of foreclosures hits the US in the next 12 months, but not below where we were back in the early part of this year.

We'll go down again, but then back up in 2010 as we pull out of the now-oncoming second wave of recession.