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i was watching cnn about 4 or 5 months ago and most of the financial experts were saying the market would bottom out at around 9 thousand..... well i think is going to go a lot lower like 2000 or even 1500 thats where it's heading.... make your predictions here..
i was watching cnn about 4 or 5 months ago and most of the financial experts were saying the market would bottom out at around 9 thousand..... well i think is going to go a lot lower like 2000 or even 1500 thats where it's heading.... make your predictions here..
If anything bigger than the one guy who was involved in the terrorism attempt turns up it might fall a thousand points next week. It's about time for Al Quida to burn us again. They're in for a big one about every eight years.
Case in point:
WTC 1993
WTC 2001
??? 2009
Last edited by Melvin.George; 12-26-2009 at 02:13 PM..
I doubt it will go lower than it is today for any length of time. The general trend is going back up toward the 2007 levels. It will be a slow climb as the economy continues to improve.
Wait a minute. Didn't the market climb a little, a few months ago?
The market has been steadily improving for 7-8 months. If you'd invested in an S&P 500 index fund in late February/early March, you'd have seen something along the line of a 40% ROI. (I didn't, because I was dumb and frightened. More the fool I.)
Quote:
And weren't all the liberals claiming that as proof that the economy is improving?
Well, it is. The OP does look rather silly right now, what with the Dow never going below 6,500 and currently hovering in the 10,500 range.
i was watching cnn about 4 or 5 months ago and most of the financial experts were saying the market would bottom out at around 9 thousand..... well i think is going to go a lot lower like 2000 or even 1500 thats where it's heading.... make your predictions here..
LOL
This cracks me up. This original post was made back on March 3rd (2009) just days before the market turned around and began it's rocket ride back to the current value of well over 10,000.
Sorry Cruxan - it never made it ANYWHERE NEAR down to 2,000 (let alone 1,500). It bottomed out around 6,500. Just so you know - that was 9 months and 4,000 points ago.
And next year, it's going higher.
Ken
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