Market Crash !!

[bulldogboogers]

Dow Down Over 300
Nasdaq Down Over 70

 

[Kruser6]

Over 340 now, wow.

 

[D2bets]

Finished UP for the day.

 

[Fishhead]

We are headed below 12,000 before we top 14500 in my opinion.........at least that is my hope.

 

[D2bets]

We are headed below 12,000 before we top 14500 in my opinion.........at least that is my hope.

Dow will never see 12K again, ever. Trading range for awhile. Between 12.8 and 13.8 for the next couple months at least. Possibly over 14K by the end of the year with new highs early '08.

 

[neverbeanother#7]

Dow will never see 12K again, ever. Trading range for awhile. Between 12.8 and 13.8 for the next couple months at least. Possibly over 14K by the end of the year with new highs early '08.

Not only does it see 12000 it goes below 10000 by next summer.

 

[tanner12oz]

i think it flirts with the 10k range as well.....i also don't think people are prepared at all if there is a major financial crisis

 

[Fishhead]

10,000????

WOW

Can't see it.............

 

[Data]

It is going up because USD is going down, so it may be 15,000 but very worthless US dollars.

 

[Hitman26]

Well, we all seem to be hoping that the DOW will tank, but I'm hoping so for a different reason than you guys seem to be. I want to invest more when it "crashes" while you guys just want to come in here and say I told you so. I don't think we will see 10k again, but I'm not naive enough to think that it can't happen. Are any of you guys brave enough to admit that it has a chance to never see sub 12k again and could be 15k or more by the end of 08?



Later

 

[oneofakindsystem]

my take on your question

I feel bad for the short sellers on the dow and nasdaq because to me everything points to a recession if we arent in one already.The dow and nasdaq would have collapsed except it seems like bernanke has a vested interest.When things start to look bad he continues to step in.Pumping in liquidity or speaking that if things get rough he has investors backs.When people start to lose more jobs consistently its my opinion thats when bernankes hands will be tied.