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To: navyguy
I still think a correction to DJIA 15,000 could happen later this year--the market is WAY overvalued. Marc Faber's suggestion of a DJIA drop to between 10,800 and 12,600 is ridiculous, given how many "bargain hunters" are out there waiting for a big drop to snap up stocks a lower prices.
16 posted on 05/05/2015 9:50:32 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88

Yep, I think 15,000 is about spot on correct. Don’t see it going lower.

That said... that’s still a 3,000 point drop. Bloody. On the other hand the best time to buy is when there is blood in the streets...


19 posted on 05/05/2015 10:22:09 AM PDT by navyguy (The National Reset Button is pushed with the trigger finger.)
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To: RayChuang88

—the market is WAY overvalued.

______________________________

I firmly believe that we will all see our present economic system collapse....and that of the world. I care not a thing about how various analysts continue to paint a semi-rosy picture. Common sense is VERY uncommon these days.


25 posted on 05/05/2015 11:30:35 AM PDT by SumProVita (Cogito, ergo....Sum Pro Vita - Modified Descartes)
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