Eat that. Dow 10K and it will get there, little rallies as the feds cut with downturns. Market will Oscillate up down up down towards 10,000 and then the FED has no more ammo left. Stagflation in 12 months.
With the cheap cash, property bubble etc.. the dow aint gonna touch 7K back then, This is a whole different story.
Well looks like the slide continues. All those naysayers saying that it was not possible. Well we are 11229 and today we will probably touch 11000. Slow slide, Like I said.
10k is coming, where we go after that I believe is further down, at that point I would consider it a buying opportunity.
I agree with the 10k but I think in 12 months we are going to be experiencing deflation not stagflation.