Dow Headed For 35% Correction March-April 2011?
I realize that past market behavior does not necessarily predict what the future holds. However, there have been plenty of cases where history does repeat itself. I have considered shorting the Dow at this point, but am still hesitant because of the QE2 program currently in progress. I can definitely see a severe market crash happening in June 2011 (or shortly afterwards) when the current Q2E stops. Until then, I am a bit doubtful we will see a 35% correction unless the Japan nuclear situation gets worse.
What are your thoughts on this? Do you think a severe Dow crash is just around the corner? Is now a good time to short the Dow?
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