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Re: OldAIMGuy post# 42277

Wednesday, 09/06/2017 2:38:01 PM

Wednesday, September 06, 2017 2:38:01 PM

Post# of 47083
Thanks Tom for the very clear explanation. It is greatly appreciated. I sort of know it but had forgotten that it was a ValueLine figure, what are the extremes as well a projection of what might be likely to happen over the next while.

One of the things we might consider are all the "experts" who are saying the market will tumble down. We know it will happen, after all what goes up must come down, right? But when is real question. Will it be after September 18th as one person says in his sales pitch for investment advice, or sometime in October as Harry Dent says, or next March as Ed Yardeni says, or next August as Kiplinger's Personal Finance article by Anne Kates Smith says in "When Will the Bull Market End?"

I was looking at ^GSPC and noticed the current very small tilt down as it is shown in a total history chart. The run up seems, overall, similar to the 2000 peak and the 2007 peak. Who knows, I sure don't.

Best,

Allen

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