General Discussion
In reply to the discussion: It looks like the sell off is picking up steam [View all]onenote
(46,214 posts)I don't know where the market will end up at the end of 2018. It may well be down for the year. But it won't be the first down year since 2009. The Dow Jones was down 2.2 percent in 2015. https://www.yahoo.com/news/dow-p-500-end-2015-losses-capping-worst-211552449.html
And just because the market is down after the first quarter doesn't mean it will be down for the year. Again, it might well be. But, to pick a recent year, the market on December 31, 2015 was at 17425. Three months later it was up by less than 300 points. A year later it was up by over 2000 points.
The one thing about the market I'm pretty certain about, suggestions that the market might drop 7000-9000 points in the next few weeks are absurd. See: https://www.democraticunderground.com/100210441143#post46