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How low do you think the Dow Jones average will go?

Over the next year or two – how much lower do you think it will go? Have we hit bottom yet? Any speculation on when we will?

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  1. mylilbubbers | Feb 3, 2011 | Reply

    It may go as low as 5,000-6000 points…man ysay the bottom is 7500.. within the next 12 months.. it’s truly a ripple affect though when investors lose confidence….

    for Geekstreaks comment.. you’ve lost that battle already pal, this country embraced socialism in the 30′s with the New Deal.

  2. geekstreat | Feb 3, 2011 | Reply

    Even if the Dow gains 2000 points in the next week, it is all a facade. Think, our dollar is only paper backed by nothing but good faith in the government. Scary, eh? I think the Dow is the least of our problems right now. Try socialism taking over. I would worry about that.

  3. jediterry | Feb 3, 2011 | Reply

    At this point it is safe to say that the stock market is on it’s way down and there is nothing that people can do to save it.

    If you have stocks, then pull them out and put that money into your bank or into your pocket.

    Don’t listen to the bank advisers when they try to tell you not to take your money out.

  4. IncomeInvestor | Feb 3, 2011 | Reply

    Hi, Naztazia,

    If anybody here could foretell the future, we’d be so busy either making our fortunes or enjoying our already-created fortunes to hang around Yahoo Answers.

    Nobody has a 100% guaranteed crystal ball. Nobody in 1929 predicted the crash. Only a few predicted the 1987 crash. Some analysts have been predicting disaster for the stock markets, but most of them have been predicting some stock market disaster since 1995.

    Hundreds of academic studies have shown that nobody has a long term, consistent record at successfully predicting the market’s short term ups and downs.

    Anybody can throw numbers around, but it’s all just speculation, and what’s the point of speculating, when the real point is to make money?

    If you want to make money from the stock market, invest for money. That is, income.

    You can now buy many stocks at the lowest price they’ve been at for many years, and they’ve paid dividends for decades, some for over 100 years.

    That’s cash in your pocket. Everything else is just words.

    WAIT!!!!!!!! Hold the presses! I just got a divine — direct from God! — mesage on my crystal ball. He’s told me where the DJIA bottom is, so now I’ve got to end this answer now, so I can call my broker and use every dime I’ve got to buy some S&P 500 options.

    Puts or calls? Hee hee hee — wouldn’t you like to know? Only me, God, and my broker.

    See you on a tropical beach, Rick Stooker

  5. Mommiedearest | Feb 4, 2011 | Reply

    All indications from the republicans is that we are in good shape and I hope they keep that attitude as when we have the depression which they stopped for a few months {until after the election}, wait for them to come to you home for a meal, as they will have lost all they have accumulated by their rip off of the public by making things {loans} seem like a bargain. Right now they say the mess is because of the housing problem. Sincerely, I hope and pray this depression will never happen but looking over the last seven years and ten months we have slowly become a third world country, and guess who is responsible. My guess right now if things keep on going on the way they are it will happen shortly after January 20th 2009.

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