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Ororeef @ 14:39 Re Dow In The Graveyard In The Sky Above 18,000

Posted by Mr.Copper @ 14:58 on January 26, 2016  

Just last night I was discussing that with a friend, shown below FYI.

Chick,

This chart http://www.mrci.com/pdf/dji.pdf is a picture that tells a thousand words. Open a separate window on the side so you can look back and forth between chart and e-mail.

#1 Look for the 1987 crash that looks so small.

#2 Look for the March 2000 dot com peak/out that did not break even again until late 2005.

#3 Look how Dow went up only late 2005 until 2007 only a little over one year ‘in the money’.

#4 Look at the crash bottom in March 2009.

#5 The peak in 2007 was not matched again until 2013, 6 years.

#6 Now Dow at 18,000 flat for over a year, if it drops from 18,000 like prior drops….

Questions Quiz:

#1 How many points down? and

#2 How much time in years?

#3 What year or how many years?

#4 For turning point or,

#5 Next time we see 18,000 break even point break even point?

My guess?
In 3-5 years, Dow back down to 8,000 again. And we wont see 18,000 again for 10 years, or 2026.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.