Quote:
Originally Posted by FakeNameChanged
Have we seen a generational high for the Dow and S&P500? I'm talking about something that looks like the Nikkei 225's high back in '89 & '90. It reached almost 39,000 points and has not returned to that level 31 years later. It's still 10,000 points below that high.
https://yhoo.it/3uu33o3
If the Dem's are successful with all their destructive spending packages and massive tax hikes on corporations, middle class and wealthy people, it's a strong possibility. I do think this correction, IF it continues will see the Dow losing 1,000's of points in a day.
I will remain short on the markets, for now. |
My thinking has turned this way lately.
Who says the markets have to go up forever? LOL
People have gotten so accustomed to the markets just going up up up up up.
Who says it can't go down...or sideways...for YEARS and YEARS....decades, as you say.
It's quite possible. And more than likely. After all, as you point out...the future doesn't look all that bright.
