To: RobRoy
Based upon historical data, the S&P 500 should be at 820 (based upon avg. growth 1950-1980).
it still has a ways to drop. Once it hits 820ish, I’m in.
41 posted on
10/09/2008 12:15:54 PM PDT by
Boiling Pots
(Wright, Ayers, Alinsky, ACORN and Odinga - Attack!!)
To: Boiling Pots
Based upon historical data, the S&P 500 should be at 820 (based upon avg. growth 1950-1980).
Interesting. That's 47% off its high. I don't look at S&P -- tend to focus on DOW - but I predict DOW to go to ~7700 which is 45% off its high. So our numbers are pretty close.
My wife wanted to invest yesterday, I told her to wait for 7700.
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