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In the discussion thread: When will we get back to Dow 36000? [View all]

Response to Shermann (Original post)

Mon Sep 26, 2022, 06:34 PM

1. If you want a rapid rise back up, one of two things has to happen

Either there is a huge cash infusion to the people who need it least or the dollar will take a dive on world currency markets, making US stocks look cheap to overseas institutional investors.

I don't see either happening any time soon. I don't know if the market has bottomed out for now, but I do expect to see the Dow above 30K sooner rather than later, but that's just me. There are only so many places for the guys who pocketed $$ at the relative top of the market to put the cash now that it's lower.

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Shermann Sep 2022 OP
LineNew Reply If you want a rapid rise back up, one of two things has to happen
Warpy Sep 2022 #1
Shermann Sep 2022 #3
Warpy Sep 2022 #6
Tomconroy Sep 2022 #2
Fiendish Thingy Sep 2022 #4
Shermann Sep 2022 #7
Fiendish Thingy Sep 2022 #8
Shermann Sep 2022 #9
twodogsbarking Sep 2022 #5
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