| I hope you're both right! I don't see a correction as steep as 11250 but I do see a correction. Matter of fact I've been expecting it. Several months ago I shifted 95% of a secondary retirement account that was entirely invested in Mid Cap Growth & shifted it to a Bond Fund. For a while there I was thinking I that I made a bad move. The Bond Fund is now showing some respectable gains but my Mid Cap is still higher than when I jumped off of it. I would be very pleased to see this thing drop to the mid 12000s. If it goes as low as 11250 I will be feeling like a genius. LOL
I started pumping money in this thing in 1991 & kept loading up until 1994. Then I backed off & let that puppy grow. If I can get even a modest 10 or 15% correction I will put it all back on the Mid Cap Growth & let it ride. Unless of course it appears like the market sentiment is setting up for a dive. Then I'll put it back in at a measured pace. Like I said, I hope you two are right! |