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B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
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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.
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ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
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09-18-2008, 09:03 AM
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Registered
Join Date: Jan 2003
Location: IL
Posts: 1,638
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linear scale is a bit misleading.
head and shoulders takes it to 8k. |
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09-18-2008, 09:06 AM
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B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
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Linear scale is "a bit misleading"?!?!
LOG scale is misleading!
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ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
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09-18-2008, 09:31 AM
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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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Adjust for inflation and dividends reinvested and your graph means something. Otherwise it doesn't.
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MRM 1994 Carrera |
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09-18-2008, 09:47 AM
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Join Date: Dec 2005
Posts: 3,384
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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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09-18-2008, 09:48 AM
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drag racing the short bus
Join Date: May 2002
Location: Location, Location...
Posts: 21,983
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I think real value is 7500-8000. Should slowly rebound from there.
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The Terror of Tiny Town |
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09-18-2008, 10:24 AM
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Dog-faced pony soldier
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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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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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09-18-2008, 11:23 AM
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MBruns for President
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Dow up 450 today...
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Current Whip: - 2003 996 Twin Turbo - 39K miles - Lapis Blue/Grey Past: 1974 IROC (3.6) , 1987 Cabriolet (3.4) , 1990 C2 Targa, 1989 S2 |
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09-18-2008, 12:31 PM
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Registered
Join Date: Apr 2005
Location: Brisbane, Australia
Posts: 560
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+1 for a log scale.
anyone got one?
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“If you want to win anything- a race, yourself, your life- you have to go a little berserk” - Dr George Sheehan. “Happiness is different from pleasure. Happiness has something to do with struggling and enduring and accomplishing.” - Dr George Sheehan. |
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09-18-2008, 12:46 PM
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drag racing the short bus
Join Date: May 2002
Location: Location, Location...
Posts: 21,983
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Actually 409, because of (again) govt. intervention. But there's a price for that too...
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The Terror of Tiny Town |
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09-18-2008, 02:55 PM
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Dog-faced pony soldier
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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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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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09-18-2008, 03:17 PM
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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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With 3 Trillion sitting in Cash..U figure it out.
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Copyright "Some Observer" |
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09-18-2008, 04:45 PM
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Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,560
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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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Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. |
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09-18-2008, 07:28 PM
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drag racing the short bus
Join Date: May 2002
Location: Location, Location...
Posts: 21,983
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Quote:
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The Terror of Tiny Town |
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09-18-2008, 08:58 PM
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Gone to California
Turbo
