So the market has been very good lately. We got to 11,000 and punched through. But the climb to 12,000 will not be so fast and easy. My predicton is 12,000 by Thankgiving. Seven months from now. It looks like earnings will be very important to allow this rise.
There could be some discouraging corrections coming up.
But the truth is always that things are getting better. People are getting richer.
Sometimes it is hard to believe because as individuals we age and grow feeble and die.
Not easy to be optimistic when you imagine your destiny.
But your projects don't all die when you do. They are handed over to the new generations. They stand on your shoulders and continue to find wonder in an expanding universe.
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1 comment:
I see a discouraging correction is happening now! Sell in May and go away? Summer rally coming soon.
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