Detailed text transcripts for TV channel - FOXNEWS - 20150905:14:02:00
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...