Yep. This is hardly a normal market due in large part to Obama’s destruction of capitalism, so historical comparisions really should not be used.
REF: Yep. This is hardly a normal market due in large part to Obama’s destruction of capitalism, so historical comparisions really should not be used.
Totally agree, this is one case where past experience is REALLY and TRULY no indication of the future.
I believe that it will take a stream of good news to move the market. Greed is universal though and it will catch fire once it starts. That part about the market is pretty consistent. The buyers have been conditioned to belive that it will always go up. The last 20+ years have had downs that recover back to the trend line. That belief will propel buying back in when it catches fire?