How long until dow 5000?

by **jasonraymondson** » Mon 09 Mar 2009, 11:07:50

This is just a poll to determine when we all think the dow will hit 5000.

Personally I am betting on the start of may... of course I may be to optimistic.

by **Daniel_Plainview** » Mon 09 Mar 2009, 11:24:31

Before summer (21 June).

Since this was not an option, I am at a loss as to how to cast my vote.

by **jasonraymondson** » Mon 09 Mar 2009, 13:37:56

DoomWarrior wrote:Before summer (21 June).

Since this was not an option, I am at a loss as to how to cast my vote.

You now have that option.

by **sittinguy** » Mon 09 Mar 2009, 13:48:43

I voted sometime this summer.

I figured out today how much I would have lost in my 401k( i moved it a long time ago but I left a litte there just so I could figure out what I would have lost for laughs) From Jan 1st to today. Yes 2 months and 9 days,,,,,,,,,,,,,,,,,,,,, 29%. So to all the folks NOT watching there money,,,,,,,,,,,,,,, ha ha

by **Jotapay** » Mon 09 Mar 2009, 13:49:34

I chose "by this summer", but it will definitely happen by the end of Fall. I have always predicted Dow ~4000 eventually, which I think will occur very late in 2009 or into 2010.

by **jasonraymondson** » Mon 09 Mar 2009, 13:56:16

Jotapay wrote:I chose "by this summer", but it will definitely happen by the end of Fall. I have always predicted Dow ~4000 eventually, which I think will occur very late in 2009 or into 2010.

i am actually predicting ... mass chaos and the dow won't exist by 2011.

by **flapjax** » Mon 09 Mar 2009, 13:58:20

jasonraymondson wrote:
Jotapay wrote:I chose "by this summer", but it will definitely happen by the end of Fall. I have always predicted Dow ~4000 eventually, which I think will occur very late in 2009 or into 2010.

i am actually predicting ... mass chaos and the dow won't exist by 2011.

Agreed. No use for it by then.

by **Jotapay** » Mon 09 Mar 2009, 14:02:43

jasonraymondson wrote:
Jotapay wrote:I chose "by this summer", but it will definitely happen by the end of Fall. I have always predicted Dow ~4000 eventually, which I think will occur very late in 2009 or into 2010.

i am actually predicting ... mass chaos and the dow won't exist by 2011.

Quite possible. TPTB always have a few tricks up their sleeve, however. Expect a few unexpected things from our beloved government that loves us so much in the next year or two.

by **jasonraymondson** » Mon 09 Mar 2009, 14:04:50

I am not a 2012'r but damn, the timing couldn't be any better.

by **Bas** » Mon 09 Mar 2009, 14:40:02

I voted before summer, I think that if it hasn't hit 5000 by summer it never will (or at least not in this cycle) as the stock market tends to bottom out before the economy does.

by **Pretorian** » Mon 09 Mar 2009, 15:46:59

It always cracks me up when I hear that the stocks will break the floor and dollar will be worthless said by the same people.

by **shady28** » Mon 09 Mar 2009, 16:16:15

I'm saying in the fall sometime.

In the next 2-3 months, people will start getting those tax rebate checks. That will likely bump the economy somewhat, since the masses are prone to spending their money. Unlike the money the Gov't is pouring into bank and insurance company equity, it will actually circulate in the economy.

I think the ultimate low in the DOW, assuming they don't just change the components of the index, will wind up being in the area of 4000.

by **jasonraymondson** » Mon 09 Mar 2009, 16:41:24

I would like to know who is predicting a new boom? 2 votes for cornicopia

by **3aidlillahi** » Mon 09 Mar 2009, 16:53:50

jasonraymondson wrote:I would like to know who is predicting a new boom? 2 votes for cornicopia

Probably those that believe in hyperinflation. It's a boom for the Dow, but not wealth or the economy.

by **jasonraymondson** » Mon 09 Mar 2009, 23:20:11

3aidlillahi wrote:
jasonraymondson wrote:I would like to know who is predicting a new boom? 2 votes for cornicopia

Probably those that believe in hyperinflation. It's a boom for the Dow, but not wealth or the economy.

mmm... hyperinflation

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