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• Monday, December 1, 2008 09:04 AM

  Really, I second the prior post

  this market is self correcting.

  I have an MBA from a top university myself, but I do not even dabble in the markets, being a marketing and IT guy, so I have no reason to bother tracking the Dow or the stock markets.

  BUT if you look even perform a cursory look at the Dow chart over these past 75 years, and you eyeball a straight line across the whole chart from the beginning to the present, it becomes quite glaringly clear that if the market continues over the long run 75 year growth line it has enjoyed up until the past decade or so, the Dow right NOW ought to be at 6000.

  Now, the continuing economic distress will drive various markets to go well beyond their pendulum swing down, so MY PERSONAL PREDICTION is that we will probably see the Dow at BELOW 5000 before we see the whole market begin to come back over the next decade.

  The Dow is now, despite the recent problems, at about 8000. So you can see, it is not unlikely the markets will fall another 3000 points before people feel the crap has been squeezed out of the markets.

  Another data point. Stock market swings correlate to our sun's energy output. Don't ask how, we do not know. But the low point of the sun's output is in 2011-2012. It is likely the markets will continue to see stress for the next two years or so, then begin to ease on up again after that.

  —Brightstar 2 - The Resurrection Read Brightstar 2 - The Resurrection's other letters
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