To: RayChuang88; All
I still think well see a 10-15% correction
If that's all it is, yes - my feeling is it will be more on the order of 50%
19 posted on
05/06/2015 11:21:32 AM PDT by
notdownwidems
(Washington DC has become the enemy of free people everywhere)
To: notdownwidems
There are too many "bargain hunters" out there. They will jump in to buy stocks en masse once the drop reaches 10-15%. Also, because of the 2008 stock market crash and that scary experience in Europe in 2011, all the major banks around the world have aggressively increased their liquid reserves to protect themselves in case of the next major stock market decline so we don't have a major financial system meltdown.
26 posted on
05/06/2015 11:43:39 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: notdownwidems
50% might be a bit much, a DOW correction down to 14,500 is more likely.
To: notdownwidems
that would price stocks way below their averages. If that is true it would be panic and not normal valuations.
To: notdownwidems
I think 50% would be the best case scenario. You have to ask yourself, outside of a couple of tech stocks like Google and Apple where has there been major growth in the economy since 2008?
51 posted on
05/06/2015 8:27:45 PM PDT by
LukeL
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