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re: Why China Doesn't Know What its Doing?

Posted on 1/17/16 at 1:56 pm to
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 1/17/16 at 1:56 pm to
quote:

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



7,802

Dec 25th.


Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
27587 posts
Posted on 1/18/16 at 7:19 am to
quote:

7,802

Dec 25th.


I was just about to comment in surprise there were no 4 digit doom and gloomers, but like clockwork
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/18/16 at 8:31 am to
quote:

7,802

Dec 25th.
December 25, 2016 is a Sunday, plus it's Christmas, so I'm going out on a limb and predict the market will not be open that day...
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/20/16 at 2:04 pm to
It's starting to smell like the market may have bottomed today when it hit 15,450. It's now recovered over 230 points since this morning's low. :fingerscrossed:

ETA: The DJ30 has now recovered over 300 points off this morning's low.
This post was edited on 1/20/16 at 2:17 pm
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
77976 posts
Posted on 1/20/16 at 2:19 pm to
quote:

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



Dude, I don't know dick about the stock markets, and even I know that statement is ridiculous.
Posted by Shepherd88
Member since Dec 2013
4585 posts
Posted on 1/20/16 at 3:37 pm to
Maybe that's why you have no idea what you're saying either then. This market has been tracking oil prices since the new year, just watch what oil does.

Less than 1% of our exports go to china. If anything their crash is helping our economy.
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