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Started By
Message
I think the bottom is in the low 8000s
Posted on 11/17/08 at 2:35 pm
Posted on 11/17/08 at 2:35 pm
We just need the dust to settle, drop down to around 8100 or so, and then we can start moving up from here.
Right?
Right?
5
Posted on 11/17/08 at 2:51 pm to annak410
quote:
Right?
We just don't know how much shaking out needs to be done, and there are still cascade effects to be felt. A layoff for one business means a loss of customers for many other businesses, which triggers more layoffs and the cycle continues until we start growing again.
Posted on 11/17/08 at 2:55 pm to annak410
Wrong
Posted on 11/17/08 at 4:01 pm to Zilla
bottom will be around 7000.
Posted on 11/17/08 at 4:12 pm to CharlesLSU
quote:
bottom will be around 7000.
QFT
Posted on 11/17/08 at 5:27 pm to annak410
Around 6125 in March/April 2009
Posted on 11/17/08 at 5:40 pm to Beachtiger
5000, mid spring of 2010.
Posted on 11/17/08 at 5:59 pm to Colonel Hapablap
That would really suck. Or should I say WILL SUCK. You think BO will back off of Cap Gains Tax increases?
Posted on 11/17/08 at 6:26 pm to Colonel Hapablap
I find myself thinking....
not yet...
not yet....
not yeeeeeet....
If it does go to down 5000 then waiting will be worth it.
not yet...
not yet....
not yeeeeeet....
If it does go to down 5000 then waiting will be worth it.
Posted on 11/17/08 at 6:35 pm to annak410
We will know the approximate bottom when residential stops falling.
Posted on 11/17/08 at 6:56 pm to Beachtiger
quote:
You think BO will back off of Cap Gains Tax increases?
nope. This isn't really about saving the indexes any more. It's currently about saving the banks and it's very close to being about continuing the government's ability to function.
Posted on 11/17/08 at 8:03 pm to Colonel Hapablap
quote:
5000, mid spring of 2010.
I'll take it! The longer this lasts the more time I have to get some money together to take advantage of the situation.
Posted on 11/17/08 at 9:08 pm to Rivers
quote:
We will know the approximate bottom when residential stops falling.
And then the bottom will become the norm. L-shaped recession, learn it, love it.
Posted on 11/17/08 at 9:19 pm to Beachtiger
quote:
You think BO will back off of Cap Gains Tax increases?
What Capital gains?
Posted on 11/17/08 at 9:20 pm to Colonel Hapablap
quote:
it's very close to being about continuing the government's ability to function.
FINANCIAL ARMAGEDDON!
Posted on 11/18/08 at 8:28 am to LSUtoOmaha
quote:
quote:
You think BO will back off of Cap Gains Tax increases?
What Capital gains?
He's going to increase the capital gains tax, estimate how much money it should make and include that in the budget. Then when it doesn't come in because Wall Street isn't gaining, we'll be screwed.
Posted on 11/18/08 at 8:36 am to MileHigh
:milehigh:
Posted on 11/19/08 at 3:34 pm to Colonel Hapablap
7997 @ close. Going down even more. 
Posted on 11/19/08 at 3:42 pm to annak410
quote:
drop down to around 8100 or so, and then we can start moving up from here
Try again, lol.
Posted on 11/19/08 at 4:07 pm to seawolf06
If goog drops down to 200 I'm gonna buy.
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