The question is how long will the bear market last. Will we have a long bear like 2014-2015? The 2020 bubble will be epic!
many of guys are so pessimistic. I do not think that it will fall so very much, but 5,5 thousand seem to me something possible.
If we keep going up until 2020 I don't think we'll drop to 5,5k. That would be totally insane. If that happens I'll make sure to sell some RE though.