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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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Dow at the end of the year will be . . . take your guess.
Take your guess closest to the close on Dec 31
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Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
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Jim R. |
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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LOL, I should have put that as one of the choices, just for you.
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Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
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Jim R. |
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Dog-faced pony soldier
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Going with a little over 15k here. You heard it here first.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Interesting, 7 out of 10 votes at this time think its going south to way south.
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Hugh |
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Dog-faced pony soldier
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Not yet. I believe the RE market is going to be a huge drag on the economy but it won't really start to hit until maybe 2Q of next year. I foresee housing going WAY lower after that, with corresponding drag on the larger economy including the DOW, but it won't "crash" it on its own.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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Registered
Join Date: Jan 2002
Location: I'm out there.
Posts: 13,084
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What could go wrong?
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My work here is nearly finished.
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Join Date: May 2004
Location: The state of ME.
Posts: 1,736
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Hey, that graph looks exactly like the one in "An Inconvenient Truth" - you know the one where Al Gore gets in the lift
..... Hmmmmm. I'll bet that is just a generic graph - one graph fits all.
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Du must schwein haben '67 901/05 rebuilt 2.2 Bultaco Metralla 62 "XDina" '68 BMW R69S |
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Join Date: Jun 2006
Posts: 1,125
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The market is getting a bit overbought right now--at least in the U.S. There's a lot of money going into the international mutual funds--Europe and Asia, which have been doing very well the past few years. There is still a lot of upside in Asia--and a lot of American Investment there. Maybe that's why the market is bullish. Also, the energy stocks and funds continue to do very well--the carbon emission issue is a great growth area for energy and technology companies.
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'03 Boxster ***** '82 911SC **** '98 BMW Z3 ** '87 300Z *** '80 BMW 320i **** |
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14500.
So much for my strategy of diversification with a couple of oil/gas exploration investments this year. Back to the known quantity of the market with the next batch of funds. Jim
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down to jap bikes that run and a dead Norton |
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Look at that drop in the Dow from 2000 to 2003, before 911. Who says wars aren't good for the economy.
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Hugh |
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Dog-faced pony soldier
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Cool. Who we gonna' attack next?
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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Join Date: Mar 2007
Location: InlandNorthWest
Posts: 9
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What do you want, with myopic, illiterate, 'talkin-to-god', fools, (the best that money could buy), runnin' the country? I just hope they don't bring my retirement down with them!
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Registered
Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
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I am re-allocating mine (not all) into cash instruments. I will make no predictions, but I am VERY cautious.
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Bob S. former owner of a 1984 silver 944 |
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Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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What does Mother say?
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Guess what there is only one game left in town. Thats the Stock Market, all the other markets RE, Bonds have had their runs while the Stock Market was in ther doldrums from 2000-2006.
If you notice that the finacnial news can be lousy and the Market still goes up. Back in 2004 if you said Boo the Market went down. The psychology has changed and it will be so until the end of 2008. If the Dems get in then there will be a shock, because the expectation will be that they will raise Taxes. What the Dems DON"T GET is that a 20% Tax Rate on Capital Gains is the incentive needed for Americans to SAVE their money and not blow it on cheap Asian Goods. I said 14250...and the Market remains volatile which is what makes Mother in Tucson happier than a pig in *****.
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Copyright "Some Observer" |
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Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
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GO CONTRARIAN!!!!!!
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Bob S. former owner of a 1984 silver 944 |
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Unregistered
Join Date: Aug 2000
Location: a wretched hive of scum and villainy
Posts: 55,652
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14.5+
And you can bet the farm that if I am right I will bring this thread back to life. I love saying I told you so ![]() |
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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All right, 5 weeks left.
Anyone want to revise their bets. You've seemed a little gloomy lately, Dr. Lechter. What's up? |
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