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Ghost of Igloi
RE: Down goes the Dow

seattle prattle wrote:


Ghost of Igloi wrote:

And in the end you will be very wrong. The time does not matter. You will be shocked.


Well, you have to admit, with the passing of each year of stock appreciation, a fall from that point becomes less of an issue.


That was not the experience following the Technology Bubble or Housing Bubble. It is reasonable to see most gains since 2010 wipped out and valuations back to 1998 levels or around S&P 500 1,000. That is why all this talk about the last several years of gains matters little.

Igy

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