audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
We're not mind readers you know!
BTW, I agree with the whole notion in your last post... I just didn't get that at all from your earlier post on the market being flat from the January peak.
That was a follow on to the quoted posts preceding mine.
The market has been fairly flat for the last 6 months or so... if anything, this is eating into any potential drop that may be coming. Doesn't always take drops to accomplish regression to more normal ranges - in fact, a flat market is a self correcting one too - we just don't look at it that way, because it stings less - but it's more a methodical slow regression. That is, 6 months equates to an expected (long term average) rise of about 5% in equities, yet despite the economic numbers we haven't see the market continuing to rise.
I don't know. The S&P 500 index is up around 5.5% YTD that's not too shabby.
The DJI (is that what you are referring to as "the market"?) isn't up as much, but it's not a particularly good index to follow. Sadly it's what is most widely reported - it just has better PR that the broader indexes.
But the S&P 500 is not up from the late Jan peak. It’s flat to down from there.
Yes, I know you have to thread through the quoted posts to follow that piece of the conversation!
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