re: #115 subsailor68

You and I are on the same page for sure. Any guess on the bottom? (I think one lizard guessed 6000 or even lower - can’t remember who that was though.)

I don’t see any reason why it can’t be irrational to the downside in the same manner it was irrational to the upside. Meaning, as much as I don’t want to say it, that it could go down to 5,000, or lower, depending on what the government does (and so far all things point badly). After the 1929 crash the Dow continued lower until it was 90% below its peak 3 years later.