Stocks are one of the few things people don't want (Reply #2)

In the discussion thread: When will we get back to Dow 36000? [View all]

Mon Sep 26, 2022, 07:41 PM

Tomconroy (6,682 posts)

2. Stocks are one of the few things people don't want

When they are on sale. I think it was about six years for the market to get back to it's 2008 level. That was an over 40% drop. So that gives you a yardstick.
Of course it took the Dow till the early 1950s to reach the 1929 peak. Probably won't take that long.

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9 replies	Author	Time	Post
When will we get back to Dow 36000? [View all]	Shermann	Sep 2022	OP
If you want a rapid rise back up, one of two things has to happen	Warpy	Sep 2022	#1
There doesn't seem to be a consensus on whether the US is in recession or not	Shermann	Sep 2022	#3
Just like the stock market didn't represent the whole economy when it was up	Warpy	Sep 2022	#6
Stocks are one of the few things people don't want	Tomconroy	Sep 2022	#2
Option not listed: less than a year	Fiendish Thingy	Sep 2022	#4
Since 2000, the S&P 500 has taken an average of 647 trading days	Shermann	Sep 2022	#7
That's not an accurate description of the bigger picture	Fiendish Thingy	Sep 2022	#8
"Bigger picture" just means averaging in older data	Shermann	Sep 2022	#9
How about Thursday since we are all wishing.	twodogsbarking	Sep 2022	#5

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