Quote:
Originally Posted by Splum
You have a lot of faith in a market that is completely revolting against the current American administration. The cash will stay on the sidelines for years just like it did during the depression, because make no mistake about it, this IS a depression.
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Yup I do have faith. Look at the Wilshire 5000
http://finance.yahoo.com/q/bc?s=^DWC&t=6m
We are at the same place we were in November's low. But with the way the media has been covering the market (focusing more on the DOW) it sounds worse. The Dow Jones Industrial average is outdated and under represents our industries. There are only 30 stocks in there.