I predict that I will be booed out of this arena for not being as negative as most of the people in here, and thinking that our future is relatively bright after a few hiccups
I predict the stock market will find a short term low by approx mid april, then rally up sharply, then have a sharp decline beginning in about Aug-sept time frame. This decline will in turn set up another buy in Nov of this year.
Housing will decline this year basis the median in OC by less than 5%, SD I will say the same.
I also predict that most people trying to time the low in RE will get it wrong, and be sitting on the sidelines in 08 watching prices go away from them again because they did not drop as much as they thought. This will happen in late 08 which is when I think the housing low will be made.
Roubini will vanish faster than Houdini for being wrong over and over again, but he will not get a haircut and clean up.
I also predict that poway will club somebody over the head once again in a blog for not agreeing with her doomsday views
Gold will not go well into the thousands during this price cycle (the next 3 years).
Predicting is impossible, but those are my best guesses.
