Will we ever visit 09 S&P 500 lows again?

[Scataphagos]

Let's hope the '09, lows are taken out.

The alternative is "market to the moon" with $USD currency in the shitter. If that happens, won't matter how high the market goes or how many $Bazillion you have, you'll still be bankrupt.

 

[hajimow]

We see signs of correction which should be coming soon. The sign is that not all markets are going up. Dow, S&P are up. Nasdaq and small cap are down.

 

[Swan Noir]

I'm surprised by how many yes votes there are. BTW ... I voted yes.

 

[ammo]

not likely, that channel rises as it extends ,if we stay above the lower end of it, , making that number an antique

 

[HeSaidSheSaid]

probably not down to the 2009's level, because SPX has made higher high. though 60% drop is possible, which has happened in the past several times, it could take the SPX probably 2 or 3 years to get down to the 1000's level.

 

[mastacoli71]

Quote from Scataphagos:

Let's hope the '09, lows are taken out.

The alternative is "market to the moon" with $USD currency in the shitter. If that happens, won't matter how high the market goes or how many $Bazillion you have, you'll still be bankrupt.

Currency wars. Euro was started to trade in line with USD, not 30% higher. They still have 1/4% to go and endless QE possibilities. I guess rates could go negative and endless US QE.