why I do realestate
Hey you stock-holder types. We going to see DOW 10,000 crossed the other way by summer?
bcnu, Mikem It's mourning in America again. |
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rational ratio/bottom is 16k however I am usually at the wrong end of these predictions
why I do realestate "Science is the belief in the ignorance of the experts" – Richard Feynman |
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Too many relevant variables to tell.
As is, the occasional big up days tells me there some people that think the "bottom" is not far off. So, I'd be surprised if the Dow drops 50% from today's level. The Dow will need to look boring for a while before I'd put any more cash into the market. I no longer buy individual stocks anyway. I'd buy an ETF (Exchange Traded Fund) like VOO which is Vanguard's ETF that tracks the S&P 500. Alex "There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge." -- Isaac Asimov |