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So obviously you lost your shirt in the last few years and are only down 33% now. Hooray!?!?!
Again- talk to me in one year. I have avoided the '87, 2000, and 2007 crashes and am probably a little more fleet of foot.
Now is the time to sell, not buy. Bammy will eventually destroy the dollar. It is beat down now and there will probably be a short term rally. After that, look into currency funds like MERKX until the dust settles. We will see increasing interest rates and declining currency- it HAS to happen with current fiscal policy. There will be short term changes, but the trend is clear. You have missed out on the first phase of the dollar decline, but there will be another after a short term rally.
PS - Sounds like we'll very likely hit the 10,000 mark today (maybe early today). Now, it IS just a number of course - and I really care more about the broader S&P than I do about the DOW (it's a better indicator) - but still, as a psycholgical benchmark it IS important.
The market is still in a hole from it's highs, but we've come a LONG way in just 8 short months.
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