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Reply to "Dow below 40000 by end of the year "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Some people think there is no way the Dow will go below 40,000. Maybe they know something I don't. [/quote] Algorithms are going to people it up. Look at this thread full of buyers trying to catch the dip. We have a generation of stock buyers with zero commission fees always ready to jump in and out. [/quote] Algorithms can also all panic sell. Hasn't happened in a bit but Google flash crash. [/quote] That was 16 years ago. And we recovered in a day; Google what “flash” means. It was a blink and you miss it crash because everyone is trying to capture those big gain days. If market drops, buyers pour in to catch the upside. The only way we will see valuations drops will be a slow bleeding as inflation whittles away at real value and nominal prices stall. [/quote] Yeah, I was pointing out it can happen. And have you ever heard the term markets take the escalator up and elevator down?[/quote]
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