Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I think this one has scared everyone too much for people to shrug it off and get back in any time soon. The speculators and pros might have at it, but the bulk of the market is built of the backs of individual investors with non-Wall Street jobs. This will have everyone gun shy for quite a while.
History shows upswings are slow to moderate..some speculation but tempered so they have a gradual rise with a few bull market days.
Selloffs turn into panic selling which are ruled by emotions and non-trust so they tend to have a steep fall.
I think the recovery will begin with a sharp rally, and then moderate, with ups and downs. It depends upon circumstances. If world leaders come upon something that suddenly makes investors feel better about things, or if a large bank suddenly lets on that they have a handle on their balance sheet, then it is more likely that there will be a sharp rally. Of course, the trick is in the timing. There can be sharp rallies on the way down too.
The big boys funds will do a bit o window dressing so it'l move up a bit later but i look for a long slow drawn out climb later when it get's it;s feet back under it
my prediction is this...by Oct 23 the Market will be normal...and oil will be down to 40 to 45 a barrel....and please research the current events ...we must all stop what we are doing...shopping, driving, working, except emergency, police dept. fire and rescue...only for one week...and we will see how fast these problems will get solve.....they were created by greety man... and it is up to US the people to organize and get our dignity and our respect back to order..and fine and demand jail time for all these CEO's that has destroy our economic statis.....the only ones that we can trust is us..the people....the ones who work in factory's..coal mines..oil rigs.. mcdonald...teachers...our law enforcers and let us not forget our boys in WAR....we have the power to ask for JUSTICE from our goverment......and we start by writing to our CONGRESS MAN...we must act now...it is an election year....
Quickly or not, it's the re-tests that are killers. Then the second re-test! They're sometimes necessary but they're killers.
True! It never goes straight up, there are always nice advances and then scary retreats. You just don't want those retreats to be deeper than the advances...because that means it's going lower - not higher.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.