RE: More Insider BuyingGranted the example of the house I used was certainly for dramatic effect (a 20% drop would certainly not literally wipe of the housing market), it would be catastrophic for the markets to drop another 20% from where they were when you posted that comment. With the TSX down 14% already this year, again, a 34% drop would be, as I said, cataclysmic.
I may have come across a little too strong in my original post and for that I apologize (actually, this is something I have been working on personally...I definately come on too strong sometimes). I do get tired of all the doom and gloom though as a lot of the market situation is directly atributable to panic and when I hear news makers or forum posters upping the anxiety levels, it bothers me.
I guess bottom line is that I seriously doubt we will ever be down to 9,600 again as you indicated when you claim another 20% (from 12,000) but the reality is, no one knows for sure. One of us will be wrong and I can only hope for all our sakes its not me. Regardless, sorry for coming on too strong.