stock market will be under 10,000 by 2014.

"Stock market"?

Sure, the S&P 500 and NASDAQ will be under 10000.

I'll take that bet.

Only if you investors with no nads start selling the minute you see something that disturbs you. If you all thought long-term, we wouldn't have these crashes.

Invest in Apple, it's going to 700 again.

Apple is about to be CRUSHED by Google.

MarketMooMoo wrote:

Only if you investors with no nads start selling the minute you see something that disturbs you. If you all thought long-term, we wouldn't have these crashes.

Invest in Apple, it's going to 700 again.

80% chance of recession in the next 24 months. Too much easy money inevitably leads to mal-investment which, when the music stops, crashes. Catalysts may include: our higher-ed excess infrastructure build-out, muni/city/state bankruptcies, stagnate wage growth due to lax immigration policy, or a combination thereof.

At the end of the day, the excess in the up-turns and down-turns is amplified by well intention, mis-guided state policy. Keynesians/liberals/social-worker simply don't understand this.

3mlk shocked wrote:

so over inflated and stuffed with federal money.

By the beginning, or end of 2014?

Oh. You are so wise.

Republicans and Fox News certainly believe this and are trying hard to make it happen with their version of European austerity policy (sequester). But bad economic philosophy doesn't necessarily make this true as the GOPer pundits of doom have been proven wrong throughout the weak Obama recovery (as predicted correctly by Paul Krugman).

What is the fascination with this site of the Dow?

The S&P 500 index is a much broader measure of the overall market.

People have been worried about inflation and saying the market will crash soon for a few years now.

I've let my money ride....

On March 9, 2009 the SPY (S&P 500 index) ETF closed at 68.11

Today SPY closed at $168.74

It has been a nice run up.

The market has had huge gains over the past few years so we should expect some profit taking at some point and a short-term correction. That is a good reason to dollar cost average into the market at this point to try to enter on some of those corrections.

We are in a period of slow growth and with estimated earnings of the $114 for the S&P index. The market is not really over priced if we reach those estimates.

---------------

I don't get the Fed is the boogeyman sentiment that I hear from many people who call into talk radio shows....have they listened to too many buy gold infomercials or what?

I agree to a large extent. But then isn't that a reason why it will continue to go up? I mean if the Fed is inflating asset prices. And the Fed doesn't count it as inflation against the CPI thereby justifying the creation of ever more money to inflate asset prices. How will the Dow go down?

3mlk shocked wrote:

so over inflated and stuffed with federal money.

Smarter than you are wrote:

I'll take that bet.

How sure are you?

What are the odds that the Dow will not be below 10,000 at some point in the future? Or specifically at some point in 2014?

Dow under 10,000 by end of 2014? No chance.

Would be kind of cool though. It does that, then I'm dumping in some extra above and beyond what I already do. Because the market ALWAYS comes back and then some.

Flagpole wrote:

Dow under 10,000 by end of 2014? No chance.

Would be kind of cool though. It does that, then I'm dumping in some extra above and beyond what I already do. Because the market ALWAYS comes back and then some.

1. NO chance? As in 0%? I don't think so.

2. You are astounding. You are invested in the market and somehow think that a drop of 35% or more in the Dow is a god thing for you. Amazing

3mlk shocked wrote:

so over inflated and stuffed with federal money.

If you really think this, then sell and sit on your cash. I don't recommend it. Bad investors think too short term. You have to think the long run. If you manage 8-10% over a lifetime, then you've done really well. 10% doubles your money every 7.2 years. 8% every 9 years. You do this by investing through the ups and downs.

It's fools that are skittish and invest because some blog says they should or divest because of a bad quarter that cause the extreme downs.

At current CD rates, you'll double your money every 72+ years. I hate what the banks are doing to the elderly who saved all their money thinking they could live off of interest, and now there is no interest.

Flagpole wrote:

Dow under 10,000 by end of 2014? No chance.

Would be kind of cool though. It does that, then I'm dumping in some extra above and beyond what I already do. Because the market ALWAYS comes back and then some.

So where does this "extra", (that you often speak of dumping in), come from?

letsrun goon squad wrote:

What is the fascination with this site of the Dow?

The S&P 500 index is a much broader measure of the overall market...

Wow, you are really sophisticated. Just not quite sophisticated enough to figure out that the Dow is the most commonly referenced index for the general public and that folks on here are pretty much representative of the general public (from a financial sophistication perspective).

Your brilliance and knowledge have SO impressed me.

letsrun goon squad wrote:

What is the fascination with this site of the Dow?

The OP didn't mention the Dow.

He said the "stock market" will be under 10,000.

Ginger Snap wrote:

You are invested in the market and somehow think that a drop of 35% or more in the Dow is a god thing for you. Amazing

It would be a fantastic buying opportunity. 50% return with 2/3 years.

It's not going to happen though.

I'm with you. If it tanks, I'm buying more. I have a few decades to ride it out.