Dow bottoms at 10000 or less before this bear market is over.
no...
The Fed will step in at historical low levels and provide the support. If they don’t, people that work in finance would lose confidence in the system.
BUt hey, maybe you know more than me. What credentials do you have in finance and econ?
Good Lord, how do you play a market like this without removing ones nut sack? I was going to buy a Financial here in Canada but couldn’t pull the trigger. Was also eyeing some natural gas plays, but just couldn’t do it.
You have to be so quick.
“Dow bottoms at 10000 or less before this bear market is over.”
how do you know it doesn’t “bottom” at 15,000, 14,000, 13,000, 12,000, 11,000, or 9,000? Is 10,000 what your “model” is telling you, or did you just pull 10,000 out of your butt and your prediction is worth about the same thing as the other stuff that comes out of your butt?