Stocks Don't Drop In a Straight Line - TheStreet Smarts
We're due for a rally, but it's unclear if a move higher will be sustainable.
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We're due for a rally, but it's unclear if a move higher will be sustainable.
A tumbling tape is a good reminder to focus on market leaders.
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United states of america. neil: john, a lot of people are saying after that topsy-turvy whirlwind and exotic investments that seemed to bring 2000 point swing in the dow, and they don't want any part of it, not me, not me. >> look at what the markets did in the 1990's, the internet bust, 2008 and still you had the s & p around, between 1 to 200 in 1980's and it's up at the point times since then. the key is just to stay in the market. there's nothing that's changed in the global economic environment. ben is right. 75% of companies that reported so far in the s & p have beat on profits and 78% ...
Internet bust. both times approximately, but also the s&p in 1995, it's a 500. it's about 2,000 right now. that's a four-time gain in 20 years. ronald reagan splified it, but that is the case right now. if you're in the market, you'll be okay long term. it doesn't help short term, because there's another historical precedent. 1946 and 1974, the market acted almost exactly the same in august and the first couple days in september, and what followed was a 10% drop in the market. i'm not sure that's going to happen. i think it certainly is possible, because what you're seeing is a repricing of st...