moondoong, the markets are certainly capable of falling 80%+.
Its only in recent times that the S&P fell 50% nasdaq 76% and in some time period to come the Dow Jones will once again fall 90% just as it did in 1929-1932. It certainly will not happen now though.
The problem with you post that I think ticked JC off, is that predicting the dow to fall 80% in one year..... sure markets can easily fall 80%.... but show me where they have done it in one year, the havn't and never will.
In the end the markets will always go back up, returns tend to average around 5% per year.
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moondoong, the markets are certainly capable of falling 80%+.Its...
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