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View Poll Results: How long before the sotck market crashes?
Less than a year 7 43.75%
More than a year 3 18.75%
More than 20 years 6 37.50%
Voters: 16. You may not vote on this poll

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Old 06-17-2008, 05:56 AM
 
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How long before the stock market crashes? less than a year? More than a year? More than 20 years?
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Old 06-17-2008, 09:47 AM
 
Location: Scarsdale, NY
2,775 posts, read 10,730,008 times
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I give it until next Spring.
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Old 06-17-2008, 11:14 AM
 
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I don't think it will crash...not to the extent of the Great Depression. Measures have been haken to prevent that from ever happening again.

And honestly, although the economy is bad, there are still enough people financially comfortable who continue to buy, keeping the economy afloat.

Oh, and it's predicted that the housing market will make a rebound by the end of 2009.
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Old 06-17-2008, 06:38 PM
 
Location: Charlotte, NC (in my mind)
7,946 posts, read 15,070,337 times
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The Dow will be below 10,000 by the election, guaranteed. I expect the Dow to bottom out about 8000 or so in early 2009. How fast the economy rebounds depends on what is done about oil prices.
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Old 06-17-2008, 08:41 PM
 
Location: Orange, California
1,573 posts, read 5,658,964 times
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Quote:
Originally Posted by radraja View Post
I don't think it will crash...not to the extent of the Great Depression. Measures have been haken to prevent that from ever happening again.

And honestly, although the economy is bad, there are still enough people financially comfortable who continue to buy, keeping the economy afloat.
I agree with both these points. The federal government will step in and provide a taxpayer funded bailout before it will allow the market to crash. Case in point was the "rescue" of Bear Stearns -- an investment bank, not a regular bank, mind you -- earlier this year. The feds feared that if it allowed Bear Sterns to collapse dozens of other investment banks and mega-hedge funds would follow.

The second point is even more important. As bad as the economy is, the very rich are doing better than ever. And it is the very rich who have the most skin in the stock market game. The market may take its lumps, but a total collapse... I highly doubt it.
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Old 06-17-2008, 09:48 PM
 
3,596 posts, read 7,716,662 times
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Quote:
Originally Posted by radraja View Post
I don't think it will crash...not to the extent of the Great Depression. Measures have been haken to prevent that from ever happening again.

And honestly, although the economy is bad, there are still enough people financially comfortable who continue to buy, keeping the economy afloat.

Oh, and it's predicted that the housing market will make a rebound by the end of 2009.
Your reasonable, non-fear based commentary is not welcome here, sir. Take that kind of discussion elsewhere.
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Old 06-18-2008, 02:04 AM
 
2,502 posts, read 8,058,050 times
Reputation: 885
I'm actually not a sir.

(The name is misleading.)
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