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Re: Echo20 post# 177

Wednesday, 04/13/2016 7:44:45 PM

Wednesday, April 13, 2016 7:44:45 PM

Post# of 512
I wish I had a crystal ball! I am amazed that it hasn't crashed yet! The Fed is Propping up the Markets which is to be expected during an election year! I still believe that we will get a new all time high in the DJIA this summer! Then I expect a sideways market until the elections in November! So I don't think the crash will start until the middle or end of November. It could happen sooner we have to keep and eye on it. But by the Fourth Quarter the Corporate Defaults get out of control and the losses become too big to hide and that will start the dominoes effect. Just like the Mortgage defaults did back in 2007. I still own stocks, when I sell everything and BUY the SDOW with every penny I have I will let you know!