Predict the closing value of the DJIA on 12/31/09

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brxndxn

Diamond Member
Apr 3, 2001
8,475
0
76
13600...

The Fed will create a ton of money out of nowhere.. and it will have to flow back into something.

However.. that 13600 in terms of dollar value will be like 7500 today.
 

Baked

Lifer
Dec 28, 2004
36,052
17
81
N/A, the world as we know it will end in the year 2009. Nice knowing you all.
 

Eli

Super Moderator | Elite Member
Oct 9, 1999
50,419
8
81

I'm going to throw a caveat in........


If the SEC steps up and starts punishing bad behavior (hedge funds, blind shorts, uptick, etc.) then I can very well see the dow at 10k. (It won't hit 11k cuz if it does, there'll be another massive selloff for all the babyboomers)

If the SEC remains the worthless POS that it is and does nothing, hedge funds will prevail and while posting lesser returns than previous, they'll still get away with making their millionaires more than the average mutual and we'll see dow around 9,900!

Scenario #1 --------------> 10,700

Scenario #2 --------------> 9,900


So we have two 10,400's and a 10,700 as the contenders.

Three days to go. ;) Whats the prize, anyway? OP? OP? OP?
 

Eli

Super Moderator | Elite Member
Oct 9, 1999
50,419
8
81
Closed at 10428, so I guess we have a tie between the two 10400 people.

:)