Dow 2600?

[mattjclark]

Anyone else think we're seeing the last days of the Dow in the 8000's?

 

[goldenarm]

Nope. I'm thinking that the Dow will be stuck in the 7000-9000 range for a long, long time.

 

[mattjclark]

Originally posted by goldenarm
Nope. I'm thinking that the Dow will be stuck in the 7000-9000 range for a long, long time.

Yea, I see that as possible if earnings recover, but that's not what's happening.


I see scared investors, accounting scandals and people increasingly putting everything in cash. If a full scale panic gets started we'll be at 5000 in two months, 2600 in a year.