martis makes a good point. We are no where near a bear market....

martis makes a good point. We are no where near a bear market. Like he says the dow jones is trading on a PE of just 16, not even close to a bubble. In the tech crash the PE was over 100 from memory, and some stock had PE of many 1000s, so expect the dow jones to move higher for the next few years at least.

China a india are still growing and will contine to and will easily see double digit growth. The sell offs are a chance to buy stocks not sell.

I think the XJO will be trading around 12000 sometime next year and the dow jones around 20000.