I will be listing some charts of possible 2012 doomsday scenario outcomes. I am addressing this because we are in the midst of a Super Cycle top so the bottom is not totally known yet, but we can make targets. This chart of the Dow Jones Industrial Average is what the equivalent to the 1929 stock market crash would be in today's Dollar value. This target share price for the Dow that you will see is almost unrealistic, but if history has told us anything, it's that it almost always will be repeated in some manner or another. I created Another Market Blog to aware people of the facts that are being played out right in front of us. It is just that with the day-to-day actions of people, these types of things fall to the back burner of priorities and thus neglected. The market may seem good the day you pay attention to it, but the market has been extremely volatile and is susceptible to unexpected turns.
As I stated, this to me is the worst case scenario. It is scary to think
that the Dow Jones Industrial Average and the S&P 500 could get
very low like this. It's not totally unmerited considering we as
Americans have been living lavishly and over-extended for a good 20
years now. I'm all about organic growth, so in order for that to happen,
the market might have to truly dip this low. We will see. I will continue to update with facts such as this and with more daily and weekly market updates. This information will be very beneficial for saving TONS OF MONEY with your 401k's!!
Don't let the "Big Money" players let you believe the market is going to rise. Who do you think the "Big Money" players buy their stocks from? You is the answer. As you are selling the fear, they are buying opportunities. As you may buy opportunities, the "Big Money" is selling for profit sending the stock right back into a tailspin. Market psychology plays a master role in the art of buying and selling equities and commodities. It just helps to have a little of the information they contain at your fingertips. My lesson for this post is to ALWAYS be PATIENT! There will always be another opportunity to make money especially in the stock market. I'll elaborate more soon. Thank you.