Keep in mind that she also predicted a 50% RE drop, so if you criticize her for one, it would be hard to sign off on the other. Neither one of those predictions ever had a chance in my opinion of being correct. Predicting the end of the world economically is hard to do. My big picture timing indicator is so close to generating a sell signal, but it has not done it yet, so it is still long. Very few major highs historically have been made in January or February.