xjo weekend zoomba, page-196

Martis

Re your posts 7371288 and 7371496 spx to 300, Dow to 3000

You post we are heading back to the comparitive points of the Markets in the late 1980's(1989), (long term) in your opinion, using "your interpretation of a chart".

If I was to ask nine other posters(five bulls,four bears) their opinion of where we would be long term, with you, their would be ten different points.

I'd say yours would be an extreme and highly improbable point.

300 spx, 3000 DOW, Natural progression wading through this debt crisis atm would not allow investors to turn entirely away from the Markets.imo

If you can forsee the event that takes us there, then spit it out so everyone can decide whether to exit the Markets Monday!

If the Market points are a reflection of World expansion, then since the 1989 period, have we not expanded, but now you suggest we regress back to the late 80's valuations/outlook because of current Debt problems?

That low(spx500) from the initial Financial shock (lehman bros)should not be breached because of whats happening in the euro zone.imo

If we get within 300 points of it(anywhere below 990 spx500) I will give you some credit for your interpretation.

Until then, you and I await.lol

Good Luck All
Sm