[Larry Lucido]

I think the prognostications are sound, if only because they are sufficiently vague or broad. However:

*David M. Blitzer, Chairman of the Index Committee at S&P Indices: "Home prices continue on their downward spiral with no relief in sight."

On this one, I would comment: The downward spiral IS the relief. It's called a "correction" for a reason.

Otherwise, I agree with being prepared.

[presently no screen name]

I believe the downward spiral is brought on by fear. Barry has no desire to help the economy or America in general. That’s not what he is about - ‘the correction’ means some are finally seeing it.