scotty1560

Could the Dow Reach 4000?

I like Sean's analysis and see 3500-4000 dow before this is over.
Ditto real estate in the boom areas.. say 75% haircut.

Abuse of leverage, including me, means you basically start over.
So I look for 95-98 prices (pre bubble).
The lesson learned here is leverage can only be used at low ratios
and not for extended periods.. to much exposure to the unforeseen.
Leverage is nothing more than a sophisticated form of gambling.