My prediction is that the market will hit its bottom within the next 18 months, settling just above Dow 30,000 and then begin to regain ground. Why do I make this prediction? Because it's an easy-to-remember number for investors who are superstitious, and because we only reached it in late 2020. If the largest public companies stay within this “safety zone,” then there will be no cause for further alarm.
What to Do during the Downturn
What to Do during the Downturn
What to Do during the Downturn
My prediction is that the market will hit its bottom within the next 18 months, settling just above Dow 30,000 and then begin to regain ground. Why do I make this prediction? Because it's an easy-to-remember number for investors who are superstitious, and because we only reached it in late 2020. If the largest public companies stay within this “safety zone,” then there will be no cause for further alarm.