Does all this really make sense ?
It makes as much sense as the Naz at 5k. More, actually, because a Naz of 5k guaranteed this sort of decline.
When AG made that "irrational exuberance" remark the Dow was *under* 7k. Assuming he's even responsible for this, if the guy is really serious about taking the air out of the market there is a long, long way down left to go. How does a Naz of 1700 grab you?
None of these are predictions, just observations. |