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coach d
RE: Down goes the Dow

loopere wrote:

you get so many facts wrong....I don't know why you even try to use facts in your arguments. hmmm...Actually, after thinking about rarely do use facts in your arguments, and this is an example of why.

The market took a solid 17 months to fall 50%. the sp500 hit a high in oct 2007 and hit 50% down in March of 2009. At no time could there have been a one month fall of 50%. look at chart. oh sorry - you don't do factual things.

And if you listened to certain letsrun market experts, you rode the sharpest bear market since at least the Great Depression all the way to the bottom. And it took you 5 years before the market finally cleared the point (1401 S&P) where I sold short (January 2008). It "only" took you 4 years if you were in SP 600 Small Cap, but the SP600 actually lost MORE than 50% top to bottom.

If you lose 50%, you have to double your money just to get even. That's what you get if you sit through a big bear market as a buy-and-holder.

I am NOT in agreement with K5 about the market going down. YET.

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