On second thought, yes there will be a significant speed bump at or near 800. Hence, we could possibly see a flood of buyers entering the market. But we've been there before. The media frenzy will add to the fire by declaring the bottom is finally in and this will be once-in-a-lifetime bargain deals. Ultimately, the sucker rally will only bankrupt the unsuspecting masses.Quote from Uncle:
In short they predict we fall to 800-850 but then new money comes and we're back to 900s by October/November..