The odds based on history are well against seeing 5000 before 7000. I would say 20% vs 80%. Still this could be one of those 20% times. The Bears are wrong most of time, but every know and then they get to be right... for a while at least, until the Fed acts and then markets rally back to all time highs..
Almost there!! Great call made from the when the markets were still near all time highs! I wasn't expecting these huge moves to happen so soon...
And I'm going to say it right now....4000 before 6000 No one believes it but we are going to lose 50% or more .....
Some of my wealthier friends are looking to buy stocks at these levels. I think everyone's conditioned over the last 15 years to buy any dip as stocks always go back up, but I'm not so sure this time.