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Insiders Club - 3.9.2015 Bookmark

3.9.2015

Good morning all, welcome to a new week....

Today in the year 2000 the NASDAQ crossed 5K for the first time ever. Then just ONE year later it was down 59%.  As horrifying as that is, what is more bothersome to me is that people have the memory retention of a gnat. They didn't think it could happen ever again, it was "ancient history" but no...it wasn't. In November of 2007 we had broke up and over DOW 14K, which had Jim Cramer saying this can go "up , up, UP from here!"  Instead we crashed, with the DOW losing 47% in 2008.

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