Will the market go back to 14000-14500, stay around 15000-15500, or shoot up to 16000-16500 ?
Today the DOW is down 190 points. Will there be recovery or will we see bigger dumps?
I think it will be just the opposite.Likely all of the above...
Likely all of the above...
I think it will be just the opposite.
Much of the gains can be attributed to inflation.
The market,in my opinion, will correct ( is correcting) prior to rising interest rates. As I've said before, I'm not a buyer of equities until the S and P reaches 1250 ish. If it doesn't get there, fine. If it does, I will employ my cash position.
+1I predict the market will repeatedly over react to every piece of trivial news.
zesty said:So if it never gets to 1250ish again, you'll keep that cash position forever?
I think these guys may just have the best insight into what might happen, via their advanced forecasting and decision support strategies.
South Park - American Economics - YouTube
zesty said:So if it never gets to 1250ish again, you'll keep that cash position forever?