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. |
Just getting warmed up today. Hoping to get a bounce tomorrow, then add to my shorts. I'm no political whiz, but think the BIG spending bill doesn't make it, then the market may recover if that happens, more likely go sideways waiting for the next shoe to drop.
