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Old 10-11-2008, 07:25 PM
 
Location: Murphy, TX
673 posts, read 3,085,971 times
Reputation: 511

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One of mine main concerns is whether the US Stock Market going to go back up to highs it had seen? Or will end up going low and staying low?

The Nikkei 225 is one example of a crash not going back up. The Japanese Stock Market Crashed in 1989 /1990. It was over 40k at top in 1989. It went down below 20k and stayed down. Now it is going down even more. Here is chart:

http://finance.yahoo.com/echarts?s=^N225#symbol=^N225;range=my

Will US see recovery sometime? Or will market just stay down?
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Old 10-12-2008, 04:14 AM
 
Location: Assisi, Italy
1,845 posts, read 4,224,462 times
Reputation: 354
Quote:
Originally Posted by unseengundam View Post
One of mine main concerns is whether the US Stock Market going to go back up to highs it had seen? Or will end up going low and staying low?

The Nikkei 225 is one example of a crash not going back up. The Japanese Stock Market Crashed in 1989 /1990. It was over 40k at top in 1989. It went down below 20k and stayed down. Now it is going down even more. Here is chart:

http://finance.yahoo.com/echarts?s=^N225#symbol=^N225;range=my

Will US see recovery sometime? Or will market just stay down?
The Japanese asset appreciation in the 80s was even more ridiculous than that in the US. Golf memberships were in the several millions. They had a lot farther to fall.

Our recovery period will depend on how much and how fast we are willing to schlop off to future generations. Just as the bail out recipients are willing to schlop off the tab to the American taxpayer, the current American taxpayer is willing to schlop off the tab to future generations.

In short, WE are not willing to accept the pain for more than just a few months. WE will take the easy way out and save ourselves from the discomfort of not having it easy. Social security, healthcare and other entitlement programs will continue to bloat and leave the tab and the even bigger financial disaster for our kids.
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Old 10-12-2008, 07:50 AM
 
Location: LEAVING CD
22,974 posts, read 26,944,897 times
Reputation: 15644
It will eventually go back up the question is when and to that no one knows the answer but many talking heads think they do.
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