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08-21-08, 07:42 AM
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STTG Veteran In The Making
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Join Date: Feb 2007
Posts: 393
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Dow 13,000
By year end. That would be a very nice gain!  Any comments on the reasonability of such a prediction. |
08-21-08, 03:27 PM
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Join Date: Aug 2007
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Reasonable but not much higher. And the stock market may languish for another six months in absence ofimportant good news such as lower inflation, better housing market etc...
My target is more 12,000 than 13.
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09-25-08, 05:28 PM
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STTG Rookie
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Join Date: Jul 2008
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It`s time to enter the market sept 25 and use sept 24th`s low as a stop, we should rally from here, today was the criticle day and we are up today so start picking, my pick is CME you can see others on my website and on the Trades page The Stock Teacher, Stocks ready for big moves ! |
09-29-08, 05:52 PM
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STTG Veteran In The Making
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Join Date: Feb 2007
Posts: 393
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That's an excellent pick; it's down from $399 to $320 today.
Talk about a rollercoaster stock; the market was down 9% today.
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09-29-08, 06:20 PM
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Join Date: Sep 2008
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I don't think using the Sep. 24th low as a stop is a great idea, especially after seeing the results today. We are in unchartered waters at the moment, and the best place to be, is on the sidelines.
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10-06-08, 04:01 PM
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We won't see 13,000 for a long, long, long time.
I picked my goal of 9,139 some time ago. Might have to revise it, and move it lower into the 8,000's. Time will tell.
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10-10-08, 01:27 PM
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STTG Veteran In The Making
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Quote:
Originally Posted by Airelon
We won't see 13,000 for a long, long, long time.
I picked my goal of 9,139 some time ago. Might have to revise it, and move it lower into the 8,000's. Time will tell.
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Jim Cramer had indicated it would go to 8,200 and I went to healthcare for a part of my portfolio in hearing that. The market, I believe, is trading at 9.2 times forward earnings, at the open. I think forward earnings resembles the earnings that will take place when the economy recovers, but expect the stock market to increase at the very worst part of the recession shall we actually enter one. |
10-10-08, 01:33 PM
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Join Date: Jul 2007
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Mate ... we're already deep inside a recession. Deep. We're now facing a depression, and deflationary pressure that will only feed a supply glut, which will feed deflationary pressure. We'll either be facing the DOW 7,200, or the DOW 1,450.
Jim Cramer? Honestly man ... he has to be one of the worst traders of all time.
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