Why China Doesn't Know What its Doing?

Our market has nothing to do with what's going on in China.

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I think the Dow will bottom out at around 12,000 in the next few months, maybe sooner.

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Would be great for us young investors. I think there is a 99.99999% chance it doesn't even come close to that though.

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I think the Dow will bottom out at around 12,000 in the next few months, maybe sooner.

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That would make an interesting Money Talk Board prediction contest:

1) What will be the Dow Jones 30 Industrials low for 2016?

2) On what date will it happen?

Anybody interested in playing?

14,500

September 20

15,988 Jan 15. Market will close above 19k by year end

The DJ hit a low today of 15,842. I assume you're saying the DJ has already hit its low for 2016, right?

12,800

August

"Decisions go all the way up to the vice premier level and, in many cases, the premier's level," says Zhiwu Chen, a professor of finance at Yale University. "It's like having Obama make all the final calls on how the New York Stock Exchange's detailed rules should be."

Yikes!

quote:

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That would make an interesting Money Talk Board prediction contest:

1) What will be the Dow Jones 30 Industrials low for 2016?

2) On what date will it happen?

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I'm calling 14k sometime in late April (right around the time Q1 numbers are released).