The stock market will see 11,000 again before it ever sees 13,000 again.
Yea or Nea.
I’m a yea, in fact I think it’ll see 10,000 before it sees 13,000 again.
I think 13 before 11.
The stock market will see 11,000 again before it ever sees 13,000 again.
Yea or Nea.
I’m a yea, in fact I think it’ll see 10,000 before it sees 13,000 again.
Well, if you’re offering even odds then I’m taking the 13000. Derivatives pricing would tell you that’s the correct bet.
I’m a bear, but not 11,000 bearish.
there are not many alternatives out there right now so 11,000 seems doubtful.
Any 3-4% savings account zero potential for loss of capital . Maybe ING this year. All my high roller buddies are loosing the houses " they have everything in cars - the market -boats" .
buy real estate when its bottomed .
A safer bet would be 12,000 on Tuesday. Probably also 11,900.
buy real estate when its bottomed .
And you’ll let us all know when exactly that is, right?
c’mon, let’s really peer into the future. Where will housing be in 2 years?
we got some buying opportunities coming down the line. Intel INTC is near a 52 week low.
Well who is buying , still confused by the drop .
I’m FAR from a guru of any sort but conditions seem far worse than they where when it tanked in 200?. It when for quite a ride back then and I’m guessing we have a bit to go yet.
I suspect 11K is almost a sure thing and 10K is a possibility…but I REALLY hope I’m wrong.
~Matt
I bought a little bit of INTC on Friday morning. Bought too early, should have waited for the afternoon to roll around and I could have saved 30-40 cents/share. I’m making my Roth contribution yet this month so I’ll be starting to put that to work in the next few weeks.
“buy real estate when its bottomed .
And you’ll let us all know when exactly that is, right?”
Matt,
I was at a playoff party yesterday with the owner of a real estate appraisal company and an exec with PMI. The conversation about the current market was not bearish for sure. They agreed the end is not here and they could be a long way until we see the bottom. Of particular concern was the drop in recent weeks in the Alamo and Danville markets that had previously held their value. Now that banks will no longer do the 80/10/10 loans people are again forced to put 20% down or buy mortgage insurance. PMI has tightened their requirements so there are a whole lot more folks who can’t qualify for a mortgage. So I think that date is a long way off.
Dave
buy real estate when its bottomed .
And you’ll let us all know when exactly that is, right?
Not for another couple of years (at a minimum)
Mito…I just spent the last hour researching Ron Paul after clicking on your links. I think there is a good chance your links helped change my vote. Those video clips in your signature line are pretty convincing. Also, after watching those I thought Ron Paul would be small potatoes; however, it appears he has really been making waves recently. Less Government and Lower Taxes; he sounds like a good guy!
I’m glad you like those videos. I also like less federal government, less taxes and a Constitutional Government. On top of that, I think it’s pretty impressive that Ron Paul has never accepted money from lobbyists or special interest groups. That’s impressive in my book.
Well. We’re in the 11s…
If you are a bear, then buy up some SDS (S&P 500 Ultrashort Index). You can make money when the market goes down. Its a lot safer than shorting individual stocks too.
The stock market will see 11,000 again before it ever sees 13,000 again.
Yea or Nea.
I’m a yea, in fact I think it’ll see 10,000 before it sees 13,000 again.
So, after today’s 350 point dump the market is currently at 11,450.
Anyone still think I’m wrong?