A. My feeling is that the market will end the year plus or minus 5 percent of its starting point.
How nice to go the the market to get my shopping over with and end on a note of hilarity, I thought.
He said, however, that he thought the market would end the year higher than it is now.
The market recovered a bit the following day but ended the week down 13.4 percent.
The market ended the week at 8,113.44, up 226.98 points.
"And I believe the market will end the week in good or better shape."
Instead, the market turned on a dime and ended the day with a gain of 12 points.
Even more believe the market will end the year below this level.
Stock prices fell sharply when the market opened this morning, and ended the day down 10,968.95 points, about 5.45 percent.
That would mean the recent lackluster markets will not end soon.