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December 06, 2017, 01:05:47 AM

Real question:

Would anyone here really be that sad if by Dec 2018 we were only at say, $12-13k?

Are people's expectations getting ridiculous now considering the hella run up we had this year?


What if we were around $5k by the end of 2018?    The long termers should still be good, no?     The ones who bought later, might be scrambling a bit, unless they already planned for various possibilities, including downwards.  

Even $5k is not seeming too likely, but if we go shooting up to $18k or something like that, we could thereafter correct 80% or something like that and hover around those territories for a decent amount of time, no?  80% off of $18k would be in the $3600 arena, which even though extreme, does not seem unreasonable or outside of reasonable exuberant market movements, no?

Yeah we could see that. I guess anything is possible. But usually when everyone is expecting something to happen, it never happens.

I'm also not seeing the same kind of crazy daily if not hourly volatility that directly preceded the market top in Nov 2013. So that makes me think that we aren't there yet.