Originally Posted by Houdini

My prediction this year - Europe's financial system will crash, U.S. residential foreclosures will continue to rise at an alarming pace, and we'll begin to see commercial foreclosures, something we haven't experienced yet and that dwarf the size of residential mortgage debt. By end of year, early 2011, I see lower market below 2008 levels. Unless you're shorting or buying puts, you'll be just going along for the drop.