What are your favorite stocks or sectors that will be up by the end of 2007? How much will the indexes be up?
2007-02-27 07:52:56 · 2 answers · asked by Joyce 2 in Business & Finance ➔ Investing
We continue to be in a LONG term uptrend, despite this short term (soon to be intermediate term) downtrend.
That said, there's a lot of history which would indicate that this year will end up as an up year. Not only is the overall long term trend up, but it is the third year of a presidential cycle, which since 1940, has been up 100% of the time.
So, if history repeats itself (which is not guaranteed), this will end up being an up year.
So, once the market bottoms out, look for the strong stocks in the strong sectors. GS, X, ICE, etc. to lead the charge.
Good luck!
2007-03-06 09:30:32 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
Oil sector and railroads. The indexes might be down this year.
2007-02-27 15:59:59 · answer #2 · answered by ? 6 · 0⤊ 0⤋