Place your bets: Stock market bottom (Thread from 2009)

Stormin Norman · 03-05-09, 01:36 AM

Where do you think the lowest point of the market will be before it begins to climb back up?

bookworm_020 · 03-05-09, 06:01 AM

Judging by the number of big institutions still going to the wall, or on the verge, it looks like it will get a lot worse before it gets better!

Onkel Neal · 03-05-09, 10:29 AM

Never let it be said, I'm not afraid to make my prediction.

AVGWarhawk · 03-05-09, 10:52 AM

I think it is as low as it will go. In short and you will not hear it from Washington, it has already crashed. If Washington would stop brewing gloom and doom the markets will at least be stable and start a slow climb up. You have seen in the past few weeks, if the Fed farts funny the market takes a dump. Optimism is the operative word here.

EDIT: Todays news shows GM as doubtful in surviving. Markets will react.

SteamWake · 03-05-09, 11:30 AM

Kind of supprised the poll stops at 5300, Im thinking more like 3000.

Espically if Obama doesent get off the doom and gloom platform.

Traders are extremly wary of the stimulous bill and the numbers dont lie.

Onkel Neal · 03-05-09, 11:36 AM

Yeah, the top value has already been renedered moot by today's collapse.

I'm just waiting to see where Skybird applies his predictive powers

View Poll Results: The market bottom will stop at:
6800	0	0%
6300	5	18.52%
5800	4	14.81%
5300	5	18.52%
below 5300	13	48.15%
Voters: 27. You may not vote on this poll

03-05-09, 01:36 AM	#1
Stormin Norman Watch Join Date: Nov 2005 Posts: 25 Downloads: 0 Uploads: 0	Place your bets: Stock market bottom (Thread from 2009) Where do you think the lowest point of the market will be before it begins to climb back up?

03-05-09, 06:01 AM	#2
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	Judging by the number of big institutions still going to the wall, or on the verge, it looks like it will get a lot worse before it gets better! __________________ "There is always one person in any organization who knows whats going on, That person must be fired"

03-05-09, 10:29 AM	#3
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,383 Downloads: 541 Uploads: 224	Never let it be said, I'm not afraid to make my prediction. __________________ SUBSIM - 26 Years on the Web

03-05-09, 10:52 AM	#4
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	I think it is as low as it will go. In short and you will not hear it from Washington, it has already crashed. If Washington would stop brewing gloom and doom the markets will at least be stable and start a slow climb up. You have seen in the past few weeks, if the Fed farts funny the market takes a dump. Optimism is the operative word here. EDIT: Todays news shows GM as doubtful in surviving. Markets will react. __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road Last edited by AVGWarhawk; 03-05-09 at 11:29 AM.

03-05-09, 11:30 AM	#5
SteamWake Rear Admiral Join Date: Mar 2005 Posts: 13,224 Downloads: 5 Uploads: 0	Kind of supprised the poll stops at 5300, Im thinking more like 3000. Espically if Obama doesent get off the doom and gloom platform. Traders are extremly wary of the stimulous bill and the numbers dont lie. __________________ Follow the progress of Mr. Mulligan : http://www.subsim.com/radioroom/showthread.php?t=147648

03-05-09, 11:36 AM	#6
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,383 Downloads: 541 Uploads: 224	Yeah, the top value has already been renedered moot by today's collapse. I'm just waiting to see where Skybird applies his predictive powers __________________ SUBSIM - 26 Years on the Web