Anyone shorting this market has a screw loose....
P.S. Congrats to the German fans...I never thought much of Messi anyway and boy, he didn't do anything the last half of the tournament.
We may get something in the order of 3-5% at most but not the customary 10% which is by definition a correction...so the answer is a yes, its not a certainty but we will at least get close to 20000.
Keep the faith fellow longs...Dow 20000 by end of year is still a possibility...
Sentiment: Strong Buy
If what you say is true...it won't take decades. Probably 3-5 years at most, but I find it hard to believe that we will ever see the kind of calamity of 2008 and 2009 again in our lifetime. The FED has made it crystal clear they will do whatever it takes to ensure stability both in the economy and the markets....so cool your jets my friend . Gold will do its thing but you will not see $2000 again.
The economy is getting better which means profits are going up more...ergo...stock market in turn goes up big time....
Onward to Dow 20000 and S&P500 2200...TA DA!!!!
CNBC got paranoid for nothing...Janet Yellen must have said some nice words to sooth the Wall Street gang. LOL
Don't know about you people, but I have a lot of cash just waiting to be used...bring it on boys...lets see something in the order of 5% down from 52 week high at least.
Sick piece of dung! You should be ashamed of yourself to say such a thing no matter what you think of the man...I just hope that Yahoo sees this post of yours and bans you for life.
all will be rosy as usual. There is no way the markets will drop anywhere close to 5% in the next few months
Lowest interest rates in history making people buy as if there was no tomorrow, building up huge debt...then...bang...people realize this fact and decide to curtail spending big time...result...profits dive for companies...experiment with QE is over...reality hits and the markets hemorrhage...end of bull!
Read it and weep shorties!
Probably end up 50 points higher on Dow by close.
Also time for CNBC to have a bird and scramble to get some of the usual pumpers on...in the old days CNBC would panic if the Dow was down 200 or more...today it a quarter of that and they have a conniption!
A rather anemic first six months have left the Dow, S&P500 primed for take-off. As Jeremy Siegel states...20000 is a very possible level that the Dow can reach by end of year. So lock and load my friends...the best is yet to come.
Sentiment: Strong Buy
Your probably right...but the longer this goes on...the mightier the fall...or at least it used to be like that...maybe it is different this time and this bull has another decade or more to go.