Do you think Dow jones reach 13000back by the end of year????????

Question

What's future of DOW??? ..whats range you expect in 2008?

Answer 1

NOT likely.

Dow will most likely trade down to 9000.

The U.S. is in a recession, stock markets are driven by earnings. If no one is buying, then the earnings of companies are going to go down.

This is simply plain common sense.

RIMM  Research In Motion reported after the bell last night. Earning were up, BUT THEY SAID THEIR PROSPECTS (EARNINGS) WILL GO DOWN IN THE NEXT QUARTER.

I DON'T CARE WHAT THE knuckleheads say. They did not see the recession coming, so how will they know if its here and more importantly, will they tell us when it's over.

Answer 2

No  - it will crash

Answer 3

i think so, as i type this im selling all of my stocks and putting them into a cash account to decide what to do till the mean time probably will be put into a bond or something till the new year.

Answer 4

Unlikely... Fed will raise interest rates to protect inflation and we'll see leakage from the credit crunch spill into retail and technology.  This crisis will take another year or two to recover.  By the end of the year, I expect the Dow to be around 10K-11K.