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Your Dow prediction?
When the bloodbath is finally over, I'm guessing 4K. Growth since 1995 has been just plain unnatural.
http://forums.pelicanparts.com/uploa...1221757339.gif |
linear scale is a bit misleading.
head and shoulders takes it to 8k. |
Linear scale is "a bit misleading"?!?!
LOG scale is misleading! |
Adjust for inflation and dividends reinvested and your graph means something. Otherwise it doesn't.
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Theres no predicting this one. Investment bank failure is not something we can figure out. I would say it could stabilize today or go down a bit. I think we just need stability SOON and a stimulus package NOW.
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I think real value is 7500-8000. Should slowly rebound from there.
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I agree with DD. My gut feeling is that the "real" value is around 8500 or so, but that's just a WAG rather than the result of any hard data or analysis.
The overvaluation/overpricing of stuff started with housing and extended to virtually everything. It'll be a long time to correct. We're still quite a ways from any real bottom. There will be some other ugly days, don't worry. |
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+1 for a log scale.
anyone got one? |
Actually 409, because of (again) govt. intervention. But there's a price for that too...
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Short-term gain, longer term pain. Ultimately the actions today and more regulatory oversight will only drag things down more.
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With 3 Trillion sitting in Cash..U figure it out.
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Put down your USA Today and step away from CNN. The sky isn't falling kids. It's just money changing hands. Free market. Capitalism doing what it's supposed to do. You can cash out and stuff you money in the mattress, or you can take advantage of the great investment opportunities that just popped up this week.
NO MORE CNN. |
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