prediction for the year ($17,250) although the Dow peaked at $17.151 not long ago. I predict we're still going to hit my prediction but there will be rough riding ahead. So, I recommend, if you are brave, keep your money in stocks but take some profits too.
I'm ultimately optimistic because the market today is scary enough to discourage most middle class Americans. Only people with great pensions or significant resources can play the game now. That means times will be good. Like restaurants, tourist resorts, stores, music venues and parties, the best things in life are only accessible for the few and not the masses. "Oh yes, as a boy we had a summer place in the Hamptons, before it was discovered."