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> Parallels between Dow and Japan
Oasis
post Mar 6 2009, 12:43 PM
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People are saying the Dow will drop to around $4k...I disagree, I actually think it will dip below $3500 and won't recover. Things always turn around, but not this time IMO

Look at Japan, they hit $39k in 1989...they're still waiting for a recovery. Think it's at $7k now

What caused that meltdown? A real estate collapse and banks holding a mountain of bad debt. Sound familiar?


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Mommy
post May 18 2009, 08:30 AM
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New son Donovan Charles Mummert born July 17, 2008


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I think a lack of confidence might drive the Dow down.... especially with people like Dauss running around. If consumers would have confidence that the gains are here to stay, the growth will continue.
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Posts in this topic
- Oasis   Parallels between Dow and Japan   Mar 6 2009, 12:43 PM
- - impala454   I think by the end of the year it will start recov...   Mar 6 2009, 02:08 PM
- - nickluto   You know that the dow jones industrial average isn...   Mar 23 2009, 06:00 PM
- - Mommy   That's why you don't work on Wall Street. ...   Mar 23 2009, 08:07 PM
- - Mommy   Bar graph of the last 10 days... Shows a small rec...   Mar 23 2009, 08:10 PM
- - dauss   QUOTE (Oasis @ Mar 6 2009, 12:43 PM) What...   Mar 24 2009, 03:23 PM
- - Mommy   Do none of you realize that we are going through a...   Mar 24 2009, 03:45 PM
|- - pysex   QUOTE (Mommy @ Mar 24 2009, 04:45 PM) Do ...   Apr 3 2009, 08:24 PM
- - jwttu   so will are you still predicting the drop to 3500?   Apr 2 2009, 08:51 PM
- - woody   it'll drop again in about 3-4 months   Apr 2 2009, 09:11 PM
- - impala454   What makes you think so?   Apr 2 2009, 10:59 PM
|- - dauss   QUOTE (impala454 @ Apr 2 2009, 10:59 PM) ...   May 15 2009, 01:38 PM
|- - impala454   QUOTE (dauss @ May 15 2009, 02:38 PM) Wit...   May 29 2009, 03:50 PM
- - dauss   I think it will touch below 6000.   Apr 3 2009, 04:54 PM
- - impala454   Eh I think you guys are taking the media hype on t...   May 15 2009, 03:12 PM
|- - dauss   QUOTE (impala454 @ May 15 2009, 03:12 PM)...   May 15 2009, 04:46 PM
|- - Mommy   QUOTE (dauss @ May 15 2009, 04:46 PM) The...   May 17 2009, 03:39 PM
|- - impala454   QUOTE (dauss @ May 15 2009, 05:46 PM) The...   May 17 2009, 04:39 PM
|- - dauss   QUOTE (impala454 @ May 17 2009, 04:39 PM)...   May 17 2009, 08:23 PM
|- - dauss   QUOTE (dauss @ May 17 2009, 08:23 PM) I b...   Jun 3 2009, 03:44 PM
- - impala454   It's not a cyclical anything... these "ga...   May 17 2009, 08:34 PM
|- - dauss   QUOTE (impala454 @ May 17 2009, 08:34 PM)...   May 17 2009, 08:52 PM
- - impala454   Your point being?   May 17 2009, 08:54 PM
|- - chook   QUOTE (impala454 @ May 17 2009, 09:54 PM)...   May 17 2009, 11:54 PM
- - impala454   Well of course it will, but I don't see that a...   May 18 2009, 07:37 AM
- - Mommy   I think a lack of confidence might drive the Dow d...   May 18 2009, 08:30 AM


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