Ding, ding, ding!!!!
Posted on 03/15/2009 5:10:58 PM PDT by arthurus
Since this current bear market took sixteen months to materialize, I estimate that within one year from today, fifty percent off the losses will be recovered, which would put the DJIA at around 10,700. The following year, we'll probably see an additional 30-40% rally, which will push it above 14,000.
(Excerpt) Read more at seekingalpha.com ...
And was not really over until Eisenhower cut back regulations and controls in the 19fifties. The War converted the high-unemployment Depression into a Full Employment Depression. Living standards were no better, lots of things were scarcer and wage controls had most folks working at something like slave wages. That situation continued into the post-war recession that dragged on until Eisenhower and a more sensible Congress shoveled off some of the dead weight.
You shouldn’t. He’s making utterly trite and amateurish comparisons, completely ignoring the larger issues in the market(s).
This is not atypical of the errors of young people in finance.
The single largest issue that people must realize about this market is that we’re in the midst of a debt deflation. Debt deflations are not your run-of-the-mill recession.
Ding, ding, ding!!!!
It is.
well, they’ve been printing money like crazy lately. When’s it take effect?
I do not believe the DOW will recover.
Had I not switched my 401K allocation to Bonds 14 months ago I would have seen a 40% loss instead of a gain last quarter.
When the Fed begins to kill Bonds with rate hikes, I am out. Take the tax hit, take my profit and go all cash/delivered metals.
America will survive. The world will survive.
It all comes down to what level of survival we will have.
thanks, it appears that he may be a nut or crook.
You know, I just thought of something. If the consequences of the Porkulus Bill is high inflation.
We might be like Zimbawe under Mugabee with inflation that would cause the market to rise in dollars, but remain in a flat spin downward as far as production is concerned.
Recovery, by means of hyper-inflation is a death sentence to a nation.
Ain't gonna happen under this, ahem, leadership.
Barry’s not done yet. His energy policy has yet to inflict any serious pain but when he gets his cap and trade scheme off the ground he will do even more damage to the economy. Let’s just say I’m not confident the author of this piece has any idea what he’s talking about.
I don’t think so. I don’t think the Dow has bottomed out yet. So, speaking about its rise is a bit premature...
[... and, of course, I’m not talking about the little “jaggies” in the line as it heads on the way down... ]
Not woth Obama’s policies he is proposing!
No, he is a Natural Born Commie, born & bred.
A lying Kenyan Commie!
Sure! If it does, it’ll be INSPITE of the usurper POTUS...not because of!
Actually, this sounds more like the Obama Administration propaganda, trying to “string people along” thinking that things are better than they really are...
Yeah. But it makes a nice chart.
Actually, I only meant my stock market holdings.
After the Dot.Com Bubble crash in 2000, I kept everything I had in stocks in the market but, from then on, I put new savings and contributions into CD's. As time passed, right before this last crash, my portfolio asset allocation was 50-50 stocks and CD's and I questioned myself and my strategy as possibly being way too conservative.
But now, while most people lost 50% of their portfolio total, I lost only 19% so I'm feeling like Albert Einstein right now. :-)
However, I'm still mad at myself at not listening to that little voice when it hit "the all-time high" at 14,000 and not selling and not coming out of this with zero loss.
LOL! No kidding! The Dow hits 14000 I’m cashing everything in, as I will have recovered everything I lost, and at my age I won’t risk having it tumble like this again. As it is my retirement will be nowhere near what I had planned, but at least it should be moderately comfortable.
No, they are just directing institutional investors to get back in the market, like union and state pension funds. It will prop up the market to a certain extent, but not for long.
Depression: When you lose your job
Recovery: When zer0 loses his job
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