Dow Could Hit 4,000
 

Even though the Dow appears oversold and could rally back to around 7,400, investors should consider limiting their exposure to equities, according to Stockmarket Cycles' Peter Eliades. Stacey Delo reports.

http://www.marketwatch.com/video/ass...D-06032C304AFB

Shit happens.

There is no 'could' about it. The dow will be lucky to stay above 3,000

Dow Jones fail

Won't surprise me to see it go below 3K... hopefully it doesn't.

At least all the network morning shows are still covering real news, like this dumb bitch with 14 kids, or some dude that cry's more than all those hungry kids combined. :disgust

add the woman who called 911 3 times over chicken nuggets, she got more air time this week than any bailout lol

4000? BS! I heard it could hit 2500

And lots of GFYers are still buying because Obama said now is the time to buy. LOL!

You guys have no idea what you are talking about, if it gets to those levels the whole world will be beyond fucked...

Who cares? It's just 30 companies. Broader indexes are more important. Dow Jones just gets headlines.

Lol what the fuck you think is going on? The world IS fucked. Our stock market has dropped well over 50% in a year(hell it may be closer to 60% by the time you read this), that has never happened before since the Great Depression. Its ok keep your eyes closed itll protect you from the pain. :1orglaugh

Sagi come on now surely you see the other indexes have fallen as well?
As of this post the S&P 500 (oh thats only 500 modern relevant companies) is at 686 down from its high of around 1565 let me repeat 500 companies stock are down from 1565 to 686 do the math it isnt rocket science. We are fucked.

This is not market correction, this is market crashing. This is complete and utter lose of confidence not only in the system of capitalism but of government as well.

you have listened to too much gloom and doom on the media
tomorrow you wake up and everything will be fine..

You guys are fucking amazing. Actually it does not surprise me that many of you are uneducated ignorant fools. Here let me put it in terms you may understand. You think marijuana is expensive now, just wait a year.

It could also go to 3000 or 2000. You never listen to those guys cause they probably know less then you :winkwink:

Were we fucked in November or did it only sink in now?

It is all a distraction.

Actually before that, I was telling those around me that some bad shit was coming since about fall of 2007. Of course they all laughed at me. Where is your tinfoil hat? Guess the joke is on them now. My brother lost something like 20k. 6 months ago or better I was telling people they should keep an eye on there bank accounts, that their money wasn't safe. They said it is insured by the FDIC. Now, low and behold, the FDIC says it might not be able to if more banks collapse.

The signs were there a lot longer than November, most people were to dumb or oblivious to see it. Hell, our own government wouldn't admit to a recession till over a year after it started.

:2 cents:

is that (weed) the new measure of cost, similar to the the CPI?
i have heard of a BJ index, basically it shows the cost of a BJ in different regions of the world as to compare economies...but weed index, thats a new one to me..

It appears oversold because we are on the brink of crash. Stay away from the market now... :2 cents:

I'm telling you ... about 3,000 - 3,500 is the bottom!

50% of the current value is what local newspaper headlines tell us here in Holland this week to expect based on the "expert" opinions (worst case scenario only).
We'll see. Humans are so very flexible & creative that I don't worry so much.
People will find a way all the time.

This is going to be one of the fastest economic recoveries in history, I'll bet $100 on it.

Everybody is a Nostradamus now.

Ill take that bet. Give me a time line, o wise one. :1orglaugh

It's pretty much already at 4,000 once the inflation of the massive money creation catches up to the dollar.

Ever think that maybe those companies were overpriced to begin with? It's called ADJUSTMENT. And maybe now they are to low because everyone is panicking and becoming a dipshit instead of staying calm and using their brains?

The DOW at 3000? I'm loading up on guns and food cans if that happens...

wow thats so much money

and i'd hit it

Load up now it will be good for the economy! :upsidedow

If they stop all this socialist talk it will come back. Unfortunately Obama is passing so many socialist programs and continues talking about all these freebie things that Capitalists are freeking out. I'm always getting accused of being a Rep. but I'm pure capitalist. If they raise my taxes and yank my Per Diem I'm going to go postal :mad:

when warren buffet dont know what the fuck hes doing, nobody knows

I would like to tell you all I appreciate the fact that this forum is not filled with Obamamaniacs. It just makes me want to puke when I here these people talk about him like he is the Jehovah, savior of the baby momma. "never have to worry about paying my bills again" BARF! I really like him and think he wants to do right by America but Fucking come on! It's like the Villagers have all gone mad.

lol

free porn rocks

Warren Buffett is way overrated.

Do you think the dow will hit 4k before my post count?

I cannot see it going below 6500.

It will, great time to invest long term.

With the new round of taxes coming right around the corner--courtesy of Obama and company-- few business want to spend or hire.

So, yea, the Dow could hit record lows.

Next time you look at your 401k, make sure to thank Uncle Obama.

6,594 now.

I think it will go below 6500 today.

6,560....................

is that so? how can Obama be responsible for a global economical crisis which started years become he became president? There is no doubt in my mind who is to blame.

your statement is ignorant to say the least.

Got Knowledge?
http://www.factcheck.org/elections-2...ic_crisis.html
http://online.wsj.com/article/SB123629969453946717.html

there is no doubt USA needs healthcare reform, if you run a company and have employees you would know how much of an economical burden this is for the business owners.
Nothing has been done to correct this situation as it has been a great source of income for anyone in the healthcare business and they have mighty strong lobbyist in DC and deep pockets, i sincerely hope Obama can fix the healthcare system.
USA has always had some "socialist" traits in its core, just look at the unions and their dominating role.. most Americans are comfortable and happy being blue collar union workers.

There's no money left in the world.

Did you just fake a quote by me above?