I'm still trying to figure out why the mkt ever drops . I just read an article were a guy was saying the mkt is looking out 12-18 months . If thats the case when things are getting bad and the mkts at ath's why not just look out 12-18 months because surely it will be better. I knew the charlatans would say look business only down 80,60,40,20 %. BY that time with business down 20% from Feb the s@P should be at 4500 and stocks trading at 35 P/e's . Hopefully the lesson all learned is if you rationally think in this game you'll lose . By a basket of stocks down 60-80% and you simply can't lose .
The s&p will have to show a whopping $200++++++ worth of earnings to get 4500!!!!
We will be lucky ifffff the s$p sees at least 140-150!!!