Do you Think the DOW Industrials Will be Above 5000 COB 3/27?

[BillyBobUSA]

Do you think the DOW will be above or below 5000 COB on March 27?

[Studebaker_Hawk]

We are due for another bear market rally shortly. Also I hear some of the DOW components may change such as Citi getting the boot.

[heball]

I would say closer to 5670. But if a major chain reaction breaks, i.e., bank foreclosure, skyrocketing unemployment (possible) reports, China calling in their markers, then definitely below 5000.

[2Parties1GlobalistGoal]

Above 9000. Then falling to under 5000, or maybe even 500...

[Tigerdrafted]

It took one year for the market to fall from 350 points to 48 points resulting in the Great Depression. I took 20 years to recover to 350 points.

I'm thinking that the DOW will drop on a steady slope to 3000 points.

[FromAKtoAZ]

Don't worry the savior said it was a good time to buy stock... so if I buy stock and it fails... can I sue him? He is the pres and all... well maybe not constitutionally, but for now.

[BillyBobUSA]

It took one year for the market to fall from 350 points to 48 points resulting in the Great Depression. I took 20 years to recover to 350 points.


Tiger, I dont mean to be a jackass, I just cant help it but....it actually took several years for the stockmarket to hit bottom, from 1929 to 1932.

Sorry.

[Old_Mil]

Do you think the DOW will be above or below 5000 COB on March 27?

Above...I'm thinking that it'll be in the mid to high 5000s and sort of linger between there and the mid 6000s through summer...then come October, a traditionally bad month, the full folly of President Hussein's economic policies will be evident and we should see downward pressure that takes us into the 4000s.

[brody]

We are due for another bear market rally shortly. Also I hear some of the DOW components may change such as Citi getting the boot.
How does throwing out the bad apples to prop up the numbers make anything any better?

Is it going to make anything else actually go up?

Is it going to restore any of the trillions that have been lost?

No - it just looks better.

Fudging the numbers isn't going to help build confidence.

[slackkeymike]

Citi is practically a penny stock

[spinach]

Do you think the DOW will be above or below 5000 COB on March 27?


my target date to pierce 5000 is about mar20 to mar24.

in fact the DOW will continue to descend as long as liberals are in charge. Nothing is being done to fix the causes of the problems, and what is being done by liberals is making things far far worse.

Essentially, there is no real "bottom".
At least as long as liberals run the government

[Studebaker_Hawk]

How does throwing out the bad apples to prop up the numbers make anything any better?

Is it going to make anything else actually go up?

Is it going to restore any of the trillions that have been lost?

No - it just looks better.

Fudging the numbers isn't going to help build confidence.

DOW components change from time to time. For example if you owned stock in all DOW components after the crash of 1929, they would be worth $0 today. They all went bankrupt.

[BillyBobUSA]

my target date to pierce 5000 is about mar20 to mar24.

in fact the DOW will continue to descend as long as liberals are in charge. Nothing is being done to fix the causes of the problems, and what is being done by liberals is making things far far worse.

Essentially, there is no real "bottom".
At least as long as liberals run the government

Yes, I am beginning to fear that you are right.

[globemaster1234]

Yes, I am beginning to fear that you are right.
Look at fannie and freddie mac and citi and aig and the auto compnaies. The more money the government puts into them the less they are worth. The stockmarket is in the process of being reshaped. That is the most promising part of a depression. Our capitalist culture works out the companies that are worthless. Everything thing that the government does just hurts us. We still have to deal with inflation, which will hit us hard. We have deflation now,but after we pump trillions and trillions into the world market inflation will be the next hit on the stock market and our economy. Try getting a loan to buy a loaf of bread!

[BillyBobUSA]

Look at fannie and freddie mac and citi and aig and the auto compnaies. The more money the government puts into them the less they are worth. The stockmarket is in the process of being reshaped. That is the most promising part of a depression. Our capitalist culture works out the companies that are worthless. Everything thing that the government does just hurts us.

Shouldnt this purgative not also remove incompetent investors and banks?

When markets rally due to borkers hannding out lollipops on the floor it should really signal that we need to get alot of these folks to change careers.


We still have to deal with inflation, which will hit us hard. We have deflation now,but after we pump trillions and trillions into the world market inflation will be the next hit on the stock market and our economy. Try getting a loan to buy a loaf of bread!

Even after more than $16 trillion has been destroyed? And more financial hemoraging is due over the next two years.

The Great Depression of the 1930s did not have any inflation, nor has Japan in the 1990s due to these being brought about by the bursting of TWO major bubbles in finance and real estate simultaneously.

That is what has just happened to us as well and it has been magnified by attrocious derivities being created on top of all of that, making hte crisis an order of magnitude worse than it would have been otherwise.

[Rohn]

The DOW won't go much below 5,000. That's where it was before all this crap started. Once it gets into the low fives, there will be a rush of investors buying up all the bargins.

[BillyBobUSA]

The DOW won't go much below 5,000. That's where it was before all this crap started. Once it gets into the low fives, there will be a rush of investors buying up all the bargins.


Hope you're right.

[BillyBobUSA]

bump for the record

[Matthewobamahater]

I now believe it will be above 6,800 on the 27th.

[BillyBobUSA]

I now believe it will be above 6,800 on the 27th.

Yes, its looking like it will be above 6000, but based on thin air and zero substance.

The guys running the markets are simply trying to inflate another bubble of empty-headed enthusiasm for stocks.

I guess thats what happens when salesmen run a market instead of economists.

[jimthebeav]

Bump for the 27th

[spinach]

my target date to pierce 5000 is about mar20 to mar24.

in fact the DOW will continue to descend as long as liberals are in charge. Nothing is being done to fix the causes of the problems, and what is being done by liberals is making things far far worse.

Essentially, there is no real "bottom".
At least as long as liberals run the government


I blew that one. The geithner plans are being soaked up, as well as Bernankes massive spending plan. What does this mean? A delay.
We are in a bear market rally, and largely because of Bernanke and Geithner further tampering with the economy. In the end, their efforts will make things a little worse.

A lot of the experts are saying that after this "bear rally" we are likely to test new lows-
I would agree with that, but once it starts to descend again, I'd be willing to bet Bernanke pulls another idiotic stunt of trying to buy back T bills at an ever faster rate.

IOW, they refuse to let the market correct. So from now on-- there won't be any bottom for a while and there won't be a big dive for quite a while as these two clowns keep tampering.
At some point even their tampering won't be able to stall the chaos, and then it will dive.

At some point, it will be below 5000. It might be on the downside of this bear rally, or on the downside of the next one.