Do we have to go up everyday?

Now that the exchanges have gone public they will have to create good tradeable ranges, I think this summer will be good trading.

The reason is they have lofty estimates to meet.
 
Quote from michaelscott:

You guys display your ignorance everyday of the week.

You have to shake this Y2k thing. The year 2000 is *over*. Its done. Complete.

If during the 1970s, you were shaken out and had this attitude that the stock market was trash then you missed out on the greatest time to make money in history.

If you got shaken out in the late 20s, then you would have missed the chance to get in in the 30s or 40s.

The stock market changes all the time. The year 2000 was 7 years ago, its not today.

Cut this thinking out of market crashes, bubbles and such. That was yesterday, today is a new song.

We will keep going higher until the S&P500 reaches 2200. Watch and learn.


Any facts to add to your opinion?

I recall eonomists saying the same thing in 1999 about the new world economy, old rules don't apply, etc.

You comments about never going down seem to be adding to the striking resemblence of that crash...
 
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