I don't see why a historically orirpveced stock market would hold above the 10K level. I think Japan's market, as well as our own in the 30s might be a guide.My target is the 6000s with sub-5K being possible.How long? Anyone's guess.Keep in mind that the Boomers' stock portfolios are all in the same 600 stocks. Once their McMansion goes for 30c on the dollar, I can't imagine that they will stick around to see if their stock portfolios will hold up any better.Panic now. Beat the rush. Rate this comment: 0 0
by Justin 04:35:40 AM 2013.03.14 |