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I seriously doubt it! It seems like recently all investors have been able to talk about is why and when the market will crash. If they would spend their time and energy focusing on good buys then they would be happier because they would be making money and after all, isn't that what the market's all about? There was an article in the Nov.18 issue of Barrons about an Israeli investor who predicted that the Dow Jones Industrial Avg. would be at 6000 by election day. Well, sure enough it was. He also predicts that it will hit 12,000 in 2 years. That may be stretching it a little bit, but it will continue to set new records and impress, or should I say stun, investors for at least a couple more years. Now is definately not the time to sell, but BUY!!!!! I'm sure there will be a little sell-off this month, but it will not and should not be a CRASH. Look at some of the stocks out there people: IBM, MSFT, GE, MO, NKE, EK there all making money and they should continue at this fast pace for quite a while longer. You know what they say, "If you can't beat them(this goes out to the bears) then join them(referring to the bulls)!" |
