Quote from TILT2:
Re: Dow 15,000 !
Just looked at the name of the thread, I am amazed that GrandSupercycle is amazingly right! How could he know more than a year ago?
Quote from TILT2:
Re: Dow 15,000 !
Just looked at the name of the thread, I am amazed that GrandSupercycle is amazingly right! How could he know more than a year ago?
As long as BUBBLE ben bernanke pumps trillions into the market you can expect dow 16,000, 17,000, 18,000, 19,000 and probably 22,000, but when the next downward cycle hits which it always does, equities will lose at least 50% of their value, so even if the dow gets to 20,000 or 25,000 you will be able to buy it under 15,000 again in the years to come! And dont say its not possible, back in 2007 no one thought the dow was going under 10k and it did, it actually dropped below 7,000!
S2007S has been right on...we did get dow 16k 17k 18k 19k 22k....the only thing not yet hit is 25k...