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Re: Can someone tell me whats going on?WHOB007: With regard to all time highs. Don't forget how many all time highs the markets had in the 1980's and 1990's. I'm not saying there won't be corrections, there always are. However, this all time high thing is a bit long in the tooth (from the media, etc.) when the NASDAQ hasn't seen one in 15 years! Back in the 1980's and 90's all time highs were pretty much the norm. And with regard to 1987, the S&P 500 exited the year at the same level that it entered - and of course it entered 1987 at an all time high. What I'm saying is that the crash of 1987 only wiped out inter year gains and NOT multi year gains. It only took a couple of years to get back to the August high of 1987, and NOT 15! |
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Msg # | Subject | Author | Recs | Date Posted |
747975 | Re: Can someone tell me whats going on? | ThinkandGrowRich | 0 | 4/27/2015 10:57:47 AM |