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3 answers

I won't say never. But from its short to mid term perspective, Dow has broken the major support and a big bear market may form that could last a year or two. The US economy is turning down as Fed Reserve keeps raising interest rates in the backdrop of higher energy cost, flat-to-down housing market, weak job markets, weakening US dollar, huge trade deficit etc.

2006-06-09 18:53:17 · answer #1 · answered by SK 1 · 3 1

I do beleive it will get over 12k, and most likely by the end of 2006, assuming no other terrorst activity within the US.

2006-06-09 11:27:52 · answer #2 · answered by extra_37 4 · 0 0

Yes it will. I'm guessing mid to late 2007.

2006-06-09 12:24:31 · answer #3 · answered by Amanda 3 · 0 0

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