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DOW...

Discussion in 'Shares' started by Tropo, 3rd Jan, 2010.

  1. Tropo

    Tropo Well-Known Member

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  2. Billv

    Billv Getting there

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    Tropo

    Interesting chart there my friend.

    So according to this and assuming that history repeats itself we should be expecting sideways movement for the next 3-4 years and then a lower dip before we see the market taking off and leading us to the next boom?

    I should have enough equity plus cash reserves by then to be able to take advantage of it :D
     
  3. Tropo

    Tropo Well-Known Member

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    First, I would say that this chart is showing how 'well' buy and hold strategy works (welcome to reality). :rolleyes:
    What will happen in the next 3~4 years is anybody's guess...If history is going to repeat itself, your call may be correct (we may get a lower dip much earlier)
    There is a possibility that if market hits another low we'll get sideways move for quite some time. :eek:
    Yep...You may take an advantage (as you said) if you correctly identify beginning of the next boom. ;)
    Until then...have fun in 2010 and beyond...:p:D
     
  4. Billv

    Billv Getting there

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    Tropo
    Did you mean to say hold on to your seat?
    Is there another tsunami coming our way?
     
  5. Tropo

    Tropo Well-Known Member

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    It may not be tsunami, but so far there is nothing to convince me that we are out of the woods.
    I would not worry much at the moment...If you are currently in the market, simply follow the monkey! ;)
     
  6. branson

    branson Member

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    Depends on how many monkies you can handle at one time..
     
  7. Tropo

    Tropo Well-Known Member

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    Amount is not that important, but the way you are able to handle them, that's what matters ;)