Although RE hasn't quite got down to the point where every disrespects it at barbeques, which should happen before the real bottom. Still a hard asset is likely to do better than a fiat currency.
My posts will be pretty light. Ad revenues haven't even been high enough to pay for a Stockcharts membership, and that ain't saying much. That said, I have not been in tune with the market lately, so it is time to step away from the keyboard.
My point and figure charts indicate 1360 on the S&P as a target.
ReplyDeleteSeems quite optimistic given current circumstances.
I like your target better.
Cheers.