DOW - heading towards 20,000

[winner69]

Looks like the DOW will be 20,000 sometime in the next 10 years

From chartoftheday

Dow adjusted for inflation since 1900. Of interest is that the inflation-adjusted Dow has traded within the confines of an extremely long-term upward sloping trend channel over the past 111 years. It is also of interest that the secular bear market that concluded in the early 1980s was almost as severe as the one that concluded in the early 1930s. Also, while the market action from the inflation-adjusted record high of 1999 to the financial crisis lows of 2009 was severe, the magnitude of this decline was much less than what occurred with the bear markets that concluded in the early 1930s and early 1980s. More recently, the Dow has retraced 74% of the financial crisis bear market with the inflation-adjusted Dow currently trading 19% off its 1999 record high -- a rather dramatic turnaround considering the magnitude of the recent financial crisis.

We'll be fine ... jsut of matter of trading the inevitable rise and falls to maximise profits ... even the buy and holds might do OK if they stick to it

Dow 20000.jpg

[winner69]

Bugger - can't seem to get the chart to show in the post

[h2so4]

Good news, I hope it's next week.