Thanks. I admit and I could be totally wrong... best case scenerio would be the DOW to trade trade in a 12k to 9k trading range for a long time... atleast 3+ years. The biggest wild card being terrorism and the housing bubble. --MIKE
I really would rather watch them pull off a second bubble and think they can. NOONE wants to see and trade a sideways market, especially with the deteriorating NYSE & Naz conditions in the last years. Trading based on silly rumors and stories from Iraq is destructive. As an investor, I would not even touch a market that makes fluke moves based on random terrorism stories.
Buckle up for your last point. The appetite for stocks was never washed away... a good 6-8 years of grind and bleed should do it...