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Getbig Bodybuilding Boards => Gym/Stores/Industry Business Board => Topic started by: 240 is Back on October 29, 2006, 09:24:10 PM

Title: Make your economy predictions for the next year
Post by: 240 is Back on October 29, 2006, 09:24:10 PM

Gas prices will start rising the day after the Nov 7 elections.

This will cause mnfg and shipping costs to jump.

I predict the DOW be down below 11,000 by the second week of january. 



IMO these good times are something that the current administration has done in the last 2 months to win the election.  It's a false high, and it will not last. THoughts?

Title: Re: Make your economy predictions for the next year
Post by: benchmstr on October 29, 2006, 09:27:48 PM

i agree with you which is why i never trade in oil or petroleum company's

but i think your predictions are fairly accurate

Title: Re: Make your economy predictions for the next year
Post by: the choad on October 31, 2006, 03:40:42 PM

just sold my stake in charter communications(chtr) today for a 67% gain...


we tread water of the next year..

Title: Re: Make your economy predictions for the next year
Post by: chainsaw on December 11, 2006, 08:13:38 AM

I think housing and construction is going to new low's.  Especially here in las vegas.  With construction down, jobs will be lost.

The houses that were bought with no down payment and adjustable interest rates are going to start going to foreclosure.

The dollar is going to continue to get weaker.

Gas prices, I believe are going to stabalize till summer of 2007.

Title: Re: Make your economy predictions for the next year
Post by: 24KT on December 17, 2006, 06:57:56 AM

Alot of people are going to be devastated and lose alot of money because of the trends.

I also predict, alot of people will be making a fortune, ...because of these same trends.

Title: Re: Make your economy predictions for the next year
Post by: 240 is Back on December 17, 2006, 09:59:06 PM

Quote from: chainsaw on December 11, 2006, 08:13:38 AM

I think housing and construction is going to new low's.  Especially here in las vegas.  With construction down, jobs will be lost.

The houses that were bought with no down payment and adjustable interest rates are going to start going to foreclosure.

The dollar is going to continue to get weaker.

Gas prices, I believe are going to stabalize till summer of 2007.

I read that real estate has gone up 100% in four years.  Is this correct?  holy crap if so.  It has to come down.  Way overvalued.

Title: Re: Make your economy predictions for the next year
Post by: chainsaw on December 20, 2006, 07:50:50 AM

Quote from: 240 is Back on December 17, 2006, 09:59:06 PM

I read that real estate has gone up 100% in four years.  Is this correct?  holy crap if so.  It has to come down.  Way overvalued.

240, more than that.  In a year, I believe it will be a good time to buy in Vegas.  We are running out of water here though, long term it might not be a good idea.

It is better than Los Angeles though.  I can fly a Cessna to (from vegas) Santa Monica the same time it would take to drive from the Valley to Santa Monica at rush hour. 
Jay Cutler says he wants to buy a house in L.A...  I emailed him and suggested to just become a pilot, he'll get there and be back here for dinner.

Title: Re: Make your economy predictions for the next year
Post by: 4thAD on February 04, 2007, 01:49:15 PM

Dow - 12,653.49 as of Friday 2/2/2007!

I get a kick out of you guys that want to predict the markets with no real basis! If you want some real basis and education on financials listen to Bob Brinker! He will square you away! LMFAO

Title: Re: Make your economy predictions for the next year
Post by: 240 is Back on February 04, 2007, 01:57:24 PM

Quote from: 4thAD on February 04, 2007, 01:49:15 PM

Dow - 12,653.49 as of Friday 2/2/2007!

I get a kick out of you guys that want to predict the markets with no real basis! If you want some real basis and education on financials listen to Bob Brinker! He will square you away! LMFAO

relative wealth is low.  a small group holding large stocks are getting really rich.  but the avergae joe is making less now than 5 years ago, COLA adjusted.