2007-08-16 07:12:32 · 9 answers · asked by mrrosema 5 in Business & Finance ➔ Investing
If we knew the answer to that, we'd be able to make a lot of money. it's been there before and can do it again. No one knows for sure. It depends a lot on the investors, the upcoming election, world politics, etc.
2007-08-16 07:19:40 · answer #1 · answered by magnolia 5 · 0⤊ 0⤋
The market was below 12000 at the end of 2006 and people were happy with the market level. Here we are 8 months later and people are upset that we are at 12750. The market had gone too far too fast. I hope it comes down to 11000's so I can keep buying in. I didn't buy anything for the whole beginning of this year because the market was inflated.
2007-08-16 14:24:17 · answer #2 · answered by snwbm 4 · 0⤊ 0⤋
I believe the Dow will continue its roller-coaster ride for the next year-and-a-half. Then, shortly after Bush leaves office (perhaps 2010), the U.S.A. will experience its worst economic depression in history, far worse than the stock market crash of 1929. It's easy for the 'experts' to say such a thing can't happen again......but, as a non-expert, I think that's just puffery and hyperbole.
What goes up must come down, and I think we're in for a really rough landing! -RKO- 08/16/07
2007-08-16 14:19:57 · answer #3 · answered by -RKO- 7 · 0⤊ 0⤋
It could
I think the Dow will end the year at 11700 to 12300
I have been saying this since March
Oil , gold sectors
City bonds
2007-08-16 14:40:27 · answer #4 · answered by ? 3 · 0⤊ 0⤋
It might. There's really no way to be sure.
All I can say is that I'd stay on the sidelines until the market shows signs of not being in free fall.
2007-08-16 14:23:49 · answer #5 · answered by Adam J 6 · 0⤊ 0⤋
I think that the chances are good that it will before the end of the year, I can't see anything positive to move it up.
2007-08-16 14:19:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋
with todays movement it hit the 10% reduction from the last high. much of the decline is coming in the last hours. stand pat.
2007-08-16 15:07:04 · answer #7 · answered by jonny y 3 · 0⤊ 0⤋
Yes.
2007-08-16 16:30:17 · answer #8 · answered by Anonymous · 0⤊ 0⤋
definitely not. please read why at my daily analysis blog at http://sharemarketcomments.blogspot.com .
http://www.mastersoequity.com
http://www.optiontradingpedia.com
.
2007-08-16 22:59:42 · answer #9 · answered by Anonymous · 0⤊ 0⤋