When will the stock market truly bottom out?

[Ferocious]

I'm guessing the Dow will bottom out in the 8500 range, and the NASDAQ will bottom out around the 1100 mark.

Within the next year or so.

 

[LAUST]

I have no clue, but this economy is definantly showing no sighns of recovery.

 

[StageLeft]

NOBODY has the first clue.

 

[hoihtah]

all numerical answers can be found in pi.

:Q

 

[Dually]

The problem is that investors don't understand the Tech community. They invest too much in companies that are worthless and when they fail they then lower the value of everything including the companies like Intel, AMD, Microsoft, and such that are worth about $60 to $80 a share with Oracle around $120 a share.

 

[Draco]

I don't see it ever recovering. Everyone is in fear and it's not going to change. Billions have been lost already. I wish I could be more optimistic, but my intuition tells me I'm never going to get back all the money I've lost and continue to lose. =( Stay away from the stock market. WIth that in mind, spend all your savings on strippers, booze and pc parts. Enjoy!

 

[StageLeft]

Originally posted by: Draco
I don't see it ever recovering. Everyone is in fear and it's not going to change. Billions have been lost already. I wish I could be more optimistic, but my intuition tells me I'm never going to get back all the money I've lost and continue to lose. =( Stay away from the stock market. WIth that in mind, spend all your savings on strippers, booze and pc parts. Enjoy!

It will recover. It always has. Unless business as we know it never strengthens ever again it will.

 

[Random Variable]

If you look carefully, there are many non-tech companies that are doing very well.

 

[Beau]

It goes in cycles, sorta follows the El-Nino pattern. Just wait for El Nino to pass, and we'll be back on track

 

[neovan]

until we have a war

 

[Random Variable]

The stock market was irrational when it was going up, and now it is being irrational as it is going down. I sense a pattern.

 

[Beau]

Originally posted by: neovan
until we have a war

Where have you been for the past 9 months?

 

[Mister T]

The problem is that investors don't understand the Tech community

You mean dumb investors.... There is a reason Buffet never touched any tech stocks

Oh, and by the way, do you guys realize how much hedge funds have made over the past 2 years shorting the Nasdaq....
Anyone can go ahead and buy a stock... it take some king kong sized balls of steel to short the market.

 

[smp]

until we have a war

how true it is ...

 

[smp]

All of you who believe in the "free market" should read Ayn Rands "Capitalism, the Unknown Ideal" .. it's a good read and you get learn how much of a fvckin hypocrite Allan Greenspan is.

 

[Random Variable]

Originally posted by: smp
until we have a war

how true it is ...

First of all, see Beau6183's comments. Secondly, this is not 1941 when a war meant that factories would need to increase their workforces exponentially.

 

[chuckieland]

hopefully it rise soon, i need the money too
this sucks

 

[Random Variable]

Originally posted by: smp
All of you who believe in the "free market" should read Ayn Rands "Capitalism, the Unknown Ideal" .. it's a good read and you get learn how much of a fvckin hypocrite Allan Greenspan is.

I think we have a Marxist among us.

 

[Beau]

Originally posted by: smp
until we have a war

how true it is ...

That was true back in the early and mid 1900's. However, todays wars aren't fought with hundreds and thousands of mid-cost, factory-made equipment and machines. Todays wars are fought stratigically with technology that puts our people in very little risk (comparatively), and, while it may be more expensive, it does not require the man-hours to assemble that it once did.

 

[smp]

I think we have a Marxist among us.

Hmmm .. that's funny, I don't remember calling you any names.

 

[Random Variable]

Originally posted by: smp
I think we have a Marxist among us.

Hmmm .. that's funny, I don't remember calling you any names.

Ummm...would you have rather I called you some expletive?

 

[smp]

Ummm...would you have rather I called you some expletive?

Umm .. actually yeah I probably would of, it would have shown more balls.

On the other hand though, I don't appreciate being judged based on half a sentence I wrote on an internet board.

 

[Beau]

Originally posted by: smp
Ummm...would you have rather I called you some expletive?

Umm .. actually yeah I probably would of, it would have shown more balls.
On the other hand though, I don't appreciate being judged based on half a sentence I wrote on an internet board.

Well, rather than just comlaining about being called names, why don't you give some evidence or opinions as to why you made those statements.

 

[smp]

It's as if a statement on a board is a contract to waste time digging up quotes and information. I provided the source of the text, it is up to you to read it.

In short his essays in that book outline his strong belief in an unregulated free market. He now heads the federal reserve or whatever you guys down there call it and sets interest rates. That doesn't sound like much of an unregulated free market to me. That's all I know, if I'm wrong you can point it out, but there is no need to call names and take things to a subjective and insulting level.

 

[Cattlegod]

it sucks for me i'm graduating in spring next year with a computer engineering degree

ill end up working for the automotive area it looks like.