11/4/2014 – A mixed day with the Dow Jones up 17 points (+0.10%) and the Nasdaq down 15 points (-0.33%)
It appears the question on everyone’s mind is…..when will the Dow hit 20,000? Why Dow 20K may take longer than you think
And while some perma bulls believe that it might happen by the end of this year, most remaining bears would sneer at the suggestion. Not that it really matters, but since you have asked…..
Based on my mathematical and timing work the Dow will first hit 20,000 in 2018. Roughly 4 years from now. If you are counting that would yield an annualized rate of return of about 3%. Better than the treasure yield, but still far from desired returns. What’s more, it won’t be as easy as most people believe.
Before reaching 20K, the Dow will go though a massive bear market of 2014-2017. It will be a complex market that will drive both bulls and bears up the wall of frustration. Just imagine massive sell offs followed by quick rallies and you have a fairly accurate picture of what will happen over the next few years. From where I am sitting and based on my work, only market timers and good traders will be able to make money in such an environment. If you are neither one, I suggest you click here.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. November 3rd, 2014 InvestWithAlex.com
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