our gutless market, page-37

  1. 22,120 Posts.
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    I said this to Martis last night

    Martis I am amazed you keep calling for a crash

    First 11,000 worried you and the dreaded C wave

    Then 12,000 was a false break

    Now 13,000 the ultimate top

    They say even a broken clock is right twice a day reckon you may get it right but you may have to keep it up until May

    You said something about people who make calls and are willing to put their apples on he line are people worth having around, I think though that if someone is constantly RANTING and I use the word ranting on about a doomsday scenario (much like the end of world is nigh weirdos) it hardly adds value and any relevant or intelligent points you may have get lost in the rant

    I will say this we will never again see the US markets at DOW 2,000 ever and saying this shows you fail to understand a simple economic concept of our capitalist markets "The exponential effect"

    Put simply I'm not sure how often but lets say it's every 5 to 10 years the Money Supply doubles then by default asset prices such as stocks and property must increase in the Long Term

    The last time the DOW was at 2000 was during 1987 it's been almost 25yrs since then and I'd say the money supply has easily Trippled if not Quadruppled that factor alone will keep the index well above 2,000 no matter how bad a GFC or implosion we get

    I personally am betting on a rally until April/May but will keep a watch on DOW 14,000 and S&P 1,500 as these are the absolute tops of the market and the closer we get to these the more likely a pull back
 
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