Well the numbers are in for October and compared to 2005 it is nothing to celebrate. But thinking that 2004-2005 were record years and the market would need to correct itself. That is what is occurring now. What is on everybody’s mind is how deep a correction can we expect? Nobody seems to have that answer. There are many guesses but nothing specific. What we are getting now is month data on how deep the adjustment is going.
Read Sam Ali’s article.
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