2007-03-05 00:57:09 · 7 answers · asked by Canadian Time Traveler 3 in Business & Finance ➔ Investing
and of course pauls advice is good only if you have already invested in the last 5-20 years another 900 point drop in the dow will result in chaos. The best bet is to have stop losses in place and let the market take you out. You can always get back in later once the dust settles and if the commies take control of the asylum (Washington) the markets will go down even further.
Big crash no serious correction yes.
2007-03-05 01:11:54 · answer #1 · answered by Anonymous · 0⤊ 1⤋
A crash yes - a big crash no.
It will be slow and agonizing and the DJIA will be down to between 800 - 900 come April l, of this year.
Best bet would be to sell off 50% of your stocks n ow and get what you can for them. It the market goes down further then sell accordingly but at least you were able to manage to salvage something now.
And if the market does come back in the next couple of years at least you still have 50% of your stocks invested and can take advantage of the upswing.
2007-03-05 01:06:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋
issues are turning out to be a good purchase worse a good purchase speedier than you could think of. you have heard of the Dow thought? Over a hundred years in the past Dow calculated while the industry is going over 14000 it could bypass a component of no return. And the corresponding down turn could gain what's called serious industry mass. This has been shown with the help of using mathematical kit like the Fibonacci retracement. The folly of mice and adult men is composed of strategies. as a results of fact the industry starts off its unfastened fall, tries would be made to suitable this occasion. yet as a results of fact the meddlers meddle with the industry they'll in simple terms make issues worse. each and each correction would be accompanied with the help of an overcorrection. And the Dow chain reaction will start up. this could make 1929 crash look like newborn’s play. that's envisioned that the DOW will fall so puzzling and so quickly it is going to fairly gain adverse numbers. Now there are naysayers and non believers interior the DOW who do no longer something to coach. Admittedly monkeys at the instant are not adult men so how can God's own monkey George Walker Bush save us? We could desire to waiting ourselves for the inevitable to return.
2016-10-02 10:11:12 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Not yet....What we are seeing is a preview of things to come. I think we will see a real crash towards the end of this year or early next. NOt to mention the first few groups of baby boomers will be retiring next year, which will only aggravate the plunge. I think people should learn their lessons now and prepare for major things to come. I don't mean to scaremonger; I'm just a market investor adding my 2 cents......
2007-03-05 01:06:08 · answer #4 · answered by Muga Wa Kabbz 5 · 1⤊ 0⤋
a big crash by end of the year is an almost certain reality now..
as is a collapse in the US property market..
2007-03-05 01:12:42 · answer #5 · answered by Anonymous · 1⤊ 0⤋
No, it is a blip. Do you expect the stock market to be a highway to the top? Life is not like that. You must work and think a little.
2007-03-05 01:47:53 · answer #6 · answered by Anonymous · 0⤊ 1⤋
I hope so for that is the time I step in and BUY BUY BUY !!
I love the crashes !!!!
Happy Monday !!
: )
2007-03-05 02:18:31 · answer #7 · answered by Kitty 6 · 0⤊ 0⤋