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I take a really long term view of the markets, so I'm not very concerned (yet). But I'm always interested in hearing other opinions.

Side note: I'm thinking about starting to gently dollar-cost-average into some energy and precious metal funds. But maybe going to the racetrack is a better option.

1 posted on 01/20/2016 9:51:55 AM PST by Leaning Right
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To: Leaning Right

We’re in trouble and no one realizes it yet. The bill our government elitists have imposed on us is coming due. I got out in 2008 and I never looked back.


47 posted on 01/20/2016 10:49:53 AM PST by lucky american (Progressives are attacking our rights and y'all will sit there and take it.)
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To: Leaning Right

7530. In 2008-9 it went to 45.5% of 14163 peak. 45.5% of 18400 peak is 8368. Then I knocked another 10% because there is little the FED can do.


51 posted on 01/20/2016 11:03:15 AM PST by Calvin Cooledge
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To: Leaning Right
I say between 10,500 and 11,000. With good reason: at that point too many stocks become targets for bargain hunters, with one Warren Buffett leading the charge.

Remember, too many investors actually deeply regretted not buying stocks at the market bottom during the Great Depression. But one Joseph P. Kennedy did, and he made a GIGANTIC financial profit for selling depressed stocks as they recovered and selling highly-depressed real estate in Manhattan bought in 1929-1931 by 1937. How else do you explain the Kennedy family could build their homes in Hyannis Port, MA and West Palm Beach, FL?

60 posted on 01/20/2016 11:47:41 AM PST by RayChuang88 (FairTax: America's Economic Cure)
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To: Leaning Right

13500
Because the Dow will shed 1/3 before it bottoms out..
Why... because the p/e IS too high and the economic outlook for the next few years is BLEAK...
The world is awash in oil and natural gas, consumers have NO MONEY, and that is 70% of our economy and Europe will see an economic flat line with additional Islamic terrorism... The Chinese economy is trying to shift to consumerism but has lots of low wage earners and the wealthy are getting money out asap...


63 posted on 01/20/2016 11:56:34 AM PST by zzwhale (acts of treason)
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To: Leaning Right
Harry Dent, Jr. my favorite perennial bear, says DOW 3500. I told anyone who would listen last August to liquidate all equities and real estate to the extent possible. Here's a storm flag fluttering in a very stiff breeze:

http://www.advisorperspectives.com/dshort/charts/index.html?indicators/Empire-State-Manufacturing-General-Business-Conditions.gif

65 posted on 01/20/2016 12:13:45 PM PST by Bill W was a conservative (Profile, detain, interrogate, deport.)
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To: Leaning Right

8800


68 posted on 01/20/2016 12:50:16 PM PST by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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