I would agree with Andrew. I think 1 …
Comment posted What if the Stock Market Sold Off for 3 Years? by Gary.
I would agree with Andrew. I think 1 1/2 to 2 years out it turns from bear to bull. There is too much money out there and people with it are just waiting.
The market is so much different than it was in 1929.
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Posted on October 7, 2008 at 1:51 pm(PST)
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2 Responses to “I would agree with Andrew. I think 1 …”
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I would agree with Andrew. I think 1 1/2 to 2 years out it turns from bear to bull. There is too much money out there and people with it are just waiting.
The market is so much different than it was in 1929.
Everything in today`s financial markets is accelerated. So I don`t think you can make an argument for a three year sell off, maybe 12 to 18 months but only in certain sectors. There is too much cash on the slide lines waiting for the buying opportunities to present themselves. Warren Buffet is a buyer and everyone knows it.