Well from Sep 11th the markets came a long way, hitting new historical highs even. Well im a student of dow theory, and i suspect that the bearish market is about to begin. Im thinking if DJI goes below 13,113 , SandP less then 1400 nasdaq goes below2700 it will be a definite signal of a bearish market, your opinions?
2007-10-15 15:17:37 · 8 answers · asked by mpirumov 1 in Business & Finance ➔ Investing
sorry , nasdaq i wanted to say 2450
2007-10-15 15:19:42 · update #1
No, I don't think the next 10-15 years will be bearish, but I don't think the US will ever see growth like the last 50 years of the 20th century. Part of this is due to the aging of the US population, but I think there are tremendous opportunities around the world. India and Eastern Europe come to mind.
2007-10-15 15:26:38 · answer #1 · answered by thethirdheat 3 · 0⤊ 0⤋
Well, from historical trends, markets once reaching its peak will go down in a matter of time. No one exactly knows when it is going to happen! I agree with you that there may be a major correction of bearish trend after this historical high..However, this should not deter you from investing if you are a serious investor not a speculator as in the long run, the next peak would be higher than the last peak.
2007-10-15 15:33:28 · answer #2 · answered by Catherine C 2 · 0⤊ 0⤋
No, as long as we have Fed on our side. Buy the futures to pop up indices and lower the interest rate to prtect our banks. The market is heading higher like Hongkong. The minor 5% is expected though.
Don't worry, be happy
2007-10-15 15:28:23 · answer #3 · answered by TLIUALL 3 · 0⤊ 0⤋
There are always signs of a reversal of trends, but the Dollar is keeping profits up and the $85.00 oil is a known factor.. there is liquidity thanks to the fed. What other investment are investors going to get into. Reits are down and getting attractive again. I think we could get into another sideways market again, But not a bear market.
2007-10-15 15:31:45 · answer #4 · answered by redd headd 7 · 0⤊ 0⤋
I think the US stock market is in for very difficult times starting very soon. The days of the US being the currency of the world is ending, and the combined national debt and current account deficit and trade deficit are the biggest reasons.
2007-10-15 15:29:39 · answer #5 · answered by bob shark 7 · 0⤊ 1⤋
I think you are correct. I also think the third person who responded is correct. I heard a prediction from a person who has been correct in the past and he said in 2004 that the Dow will go to 15,000 ( it is almost there) and fall back and that we will never see it reach that again,
2007-10-15 15:38:50 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Well, I am not a guy, but I do play in the stock market, and see the future of the trend to be equal. I see BAC. DNA, CSCO, WY, MMM, and NOK, as being good investments. BAC pays a really healthy dividend, NOK is just going to go forward at a steady rate, WY pays a decent div. and is now at a good price. and CSCO and MMM are not to be ignored. Take a look at all of them.
2007-10-15 15:26:19 · answer #7 · answered by Anonymous · 0⤊ 1⤋
not if they play the way they did yesterday against the Vikings!
2007-10-15 15:20:46 · answer #8 · answered by yyyyyy 6 · 0⤊ 2⤋