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)
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.)
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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