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When will market be back to 29,000?

Posted on 4/6/20 at 7:39 pm
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 4/6/20 at 7:39 pm
I say 2-3 months maybe sooner

Futures up again on more positive COVID numbers from Trump today

We get this behind us and crazy money floods back in I say

What do y’all think?
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71131 posts
Posted on 4/6/20 at 7:43 pm to
Shouldn't have been that high in the first place.

Back to 25k would be good.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/6/20 at 7:43 pm to
I don't know, depends on what everybody does coming out of the shutdown. There is going to be a backlog of work for a lot of people so it'll be busy.

would be nice to fix the oil spat too
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2552 posts
Posted on 4/6/20 at 7:44 pm to
At least 36 months and depends on the sector. Corp earnings will dictate. Some will take years to recover. Tech sector will recover sooner.
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 4/6/20 at 7:45 pm to
quote:

I say 2-3 months maybe sooner
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 4/6/20 at 7:46 pm to
quote:

When will market be back to 29,000?



Couple weeks.
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124441 posts
Posted on 4/6/20 at 7:47 pm to
You really are a scumbag.
Posted by ValDawgsta
Member since Jan 2020
1542 posts
Posted on 4/6/20 at 7:49 pm to
Maybe I’m a scumbag too, but I’d bet plenty of money against the market being over 29,000 within 3 months.

That doesn’t mean we’re doomed and it’s the 30s again, just think getting back to 29,000 will take a lot longer. I’d love to be wrong on that but really don’t think I am.
Posted by FlexDawg
Member since Jan 2018
12812 posts
Posted on 4/6/20 at 7:49 pm to
Quicker than most think. The market tanking is all artificial. We shut down our economy intentionally.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 4/6/20 at 7:52 pm to
quote:

I say 2-3 months maybe sooner

Futures up again on more positive COVID numbers from Trump today

We get this behind us and crazy money floods back in I say

What do y’all think?


I'm thinking that may be a little on the optimistic side. If we can retest the lows and climb to 24,000 and defend that level I'll be very happy.
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124441 posts
Posted on 4/6/20 at 7:52 pm to
I didn’t call him that because of a single post. It’s his history of posts. He hates America

Posted by Jake88
Member since Apr 2005
68277 posts
Posted on 4/6/20 at 7:53 pm to
quote:

The market tanking is all artificial. We shut down our economy intentionally
That shut down is going to leave scars that won't pop right back. Businesses will go under, loans will default, some unemployment will remain. I hope it's back within a year. That might be too optimistic.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80779 posts
Posted on 4/6/20 at 7:53 pm to
January 2021
Posted by TopJimmy
Heart of Dixie
Member since Nov 2011
1354 posts
Posted on 4/6/20 at 7:54 pm to
It's coming in like a tidal wave. If you can buy at less than half average, you might want to give it a shot.
If you have never played the market, don't get in now.
Posted by Poncho and Lefty
Guntersville, AL
Member since Jul 2018
834 posts
Posted on 4/6/20 at 7:55 pm to
Well, nothing can change the shape of things to come.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/6/20 at 7:59 pm to
Q1 2021.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 4/6/20 at 8:00 pm to
I got in around mid March, it's been a wild ride
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 4/6/20 at 8:02 pm to
quote:

I didn’t call him that because of a single post. It’s his history of posts. He hates America



No. I just try not to delude myself. What I want to happen and what I expect to happen aren't necessarily the same thing.

I would say 2-3 months to get back to 29,000 is exceedingly optimistic given that we're going to see more huge unemployment numbers rolling in and many thought the market was already overbought before the corona crash.
Posted by ErikGordan
Member since Oct 2016
852 posts
Posted on 4/6/20 at 8:03 pm to
Look for a huge market surge when oil prices increase. I believe the Dow
will peak around 26000 in September.

Too much debt to get back to 29000 in the next two years.
Posted by TimeOutdoors
AK
Member since Sep 2014
12123 posts
Posted on 4/6/20 at 8:04 pm to
The day after the election.
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