That could happen. The only major difference is the banking rules from ‘08 should keep the banks a bit safer therefore the possible low somewhat higher than 6000. Either way it’s a ripple in the force that will pass. And the market will make new all time highs like it always has. If one stays off margin, buying and holding best of breed type stocks is easy and lucrative.
You would be amazed at the inexperienced folks back then that tried to convince me constantly that we were doomed and the Dow would never go over 10,000 ever again. EVER! Funny stuff.
The Dow will be 30,000. When? Hell I have no idea.
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