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Dow 10,000 - Predict when it will happen
What date do you think the Dow will close above 10,000 again?
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in 2 minutes, my :2 cents:
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Jan 15 2004
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Quote:
jDoG |
3/17/99
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the US stock market is still highly overvalued by historical standards:
http://www.financialsense.com/stormw...03/PEratio.gif market monitor it's nice that everyone's feeling good about the stock market right now, but the reason that economies rebound after recessions is that the dead wood is removed and the strong companies have room to grow. that didn't happen. there's a lot more room right now for the stock market to fall than to grow. keep your eyes open. |
Quote:
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Janurary 5th, 2004 :)
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I say it will stay steady above 10k in March 2004, I think it will drop a couple hundred points when it hits 10k for the first time but will level off after a week.
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TOKYO, Oct 23 (Reuters) - Tokyo's Nikkei average fell more than five percent by mid-afternoon on Thursday -- on track for its biggest percentage fall since the September 11 attacks -- after Wall Street's biggest drop in a month and a rise in the yen, with jitters ahead of Sony Corp's results also a factor.
One analyst thought the fall brought share prices down to more realistic levels. "This is what the recently overheated Japanese and U.S. stock markets needed," said Mitsugu Kanno, general manager in the equity information department at Shinko Securities. "Pricewise, the Tokyo market appears to have come down to appropriate levels" to reflect fair values. full story this is what i was saying earlier in this thread. |
That S&P graphic dictates that now is a good time to go into business. If your thinking about it.
NOW IS THE TIME. |
and the answer was mid december 2003 I was off by 30 days so shoot me :)
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