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RAIT Financial Trust Message Board

  • ardeshiraryani ardeshiraryani May 17, 2013 3:29 PM Flag

    This Rally will end soon

    The stock market rally has been going on for the last 4 years, and it cannot be sustained. It is just a matter of time before we will have at least a 10% correction. We will definitely see DOW 14000 again within the next few months.

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    • I was listening to a guy who is normally bearish on Bloomberg today and he was predicting that the market would probably go sideways in the second half and move higher again next year. I couldn't fault his overview of what the pointers are saying about where the market was going. It is interesting then that he was calling sideways, because virtually all of the indicators were pointing up.

      That said, I think its smart to start putting profits aside in preparation for a correction. I've been doing that for a couiple of months now. I agree that we are overdue for a correction. That said, I'm expecting the bull market to continue through at least 2015, so I'm not selling anything with the intent of getting out of the market before the correction occurs. I'm just increasing my cash postion.

    • Bull Markets can last for years.. We may top out at 17500 or 20000 before there is a correction.
      Don't make predictions, there useless. Wall St. does what it wants to do.

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