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I think the stock market is going to (poll)

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mahina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:14 PM
Original message
Poll question: I think the stock market is going to (poll)
Edited on Fri Jan-16-09 08:21 PM by mahina
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Merlot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:16 PM
Response to Original message
1. "flop around like a dying fish" pretty much sums it up
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mahina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:22 PM
Response to Reply #1
5. Whoops, correction made, thanks.
Dead fish don't flop, except our Dear Leader.
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Taverner Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:16 PM
Response to Original message
2. None of these
It will go up and down, in small to moderate jumps around where its stabilizing

Then, if given a nice Keynesian injection, it will spike

Then move Consumer Confidence up with each spike (there needs to be several)

Then, all is good

Otherwise - Oh shit
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:21 PM
Response to Reply #2
4. Go down kinda sorta slowly
until before we know it it is at about 5,000 There is nothing and no news to support it unless the super altra rich put in most of their money and I don't see that happening anytime soon. At least not in the first part of 2009. It is down fom here slowly.
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Taverner Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:24 PM
Response to Reply #4
7. If you can create local capital infusions, you can spike a local economy
Spur a bunch of these, and you might have an economy back on track

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daninthemoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:18 PM
Response to Original message
3. how about:: go out of business? close forever? Never recover?
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:23 PM
Response to Original message
6. I figure the odds are that it'll find a 'bottom' at around 6500 (DJIA) and begin to limp upwards ...
Edited on Fri Jan-16-09 08:24 PM by TahitiNut
... some time around the fourth quarter. In my view, that's the optimum scenario -- and 'better' would be a catastrophic "dead cat bounce" and a harbinger of an even deeper loss and any 'worse' would be a more pervasive failure-prone rot in our economic system.

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:47 PM
Response to Original message
8. The market needs a "New Economic Model"
I don't know what to actually call its current economic model. It certainly is not "True Capitalism" where by "Re-investment" and "Innovation" would dictate market successes and failures. Currently stocks are valued by rumor and innuendo of market manipulation x dividend.

The market (as well as the American Economy) is really depending on the Congress and Senate to enact tough legislation to re-regulate the markets and provide American industries incentives through agressive tax laws the reward innovation and re-investment
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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 08:49 PM
Response to Original message
9. when it finally does get better, I bet bush will get the credit for it n/t
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 09:07 PM
Response to Original message
10. None of the above. This quarter the Dow will stay in the 8000s, with perhaps a dip to 7500.
Edited on Fri Jan-16-09 09:38 PM by TexasObserver
And it might penetrate 9000 briefly, but mainly it will remain in the 8000s.

It will not lose or gain 20%, and global warming won't impact it at all this quarter.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-16-09 09:11 PM
Response to Original message
11. OTHER: flop around like a dying fish
until all the bad paper has gone through the system, August 2010 at the earliest.
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