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Getbig Main Boards => Politics and Political Issues Board => Topic started by: SAMSON123 on March 03, 2009, 08:16:28 AM

Title: EXPERTS...DOW TO FALL TO 5000
Post by: SAMSON123 on March 03, 2009, 08:16:28 AM

Frightening and disturbing news. Experts say dow to fall to 5000 points. What does this mean for america's economy? what if anything will be left in america? how will the populace deal as the market and business' fail all over as the market races toward this number?

http://www.google.com/hostednews/ap/article/ALeqM5gHs5OM3gFG_DytQQZFbWfgPT08MAD96M5CRO0

Title: Re: EXPERTS...DOW TO FALL TO 5000
Post by: Deicide on March 03, 2009, 08:25:10 AM

Quote from: SAMSON123 on March 03, 2009, 08:16:28 AM

Frightening and disturbing news. Experts say dow to fall to 5000 points. What does this mean for america's economy? what if anything will be left in america? how will the populace deal as the market and business' fail all over as the market races toward this number?

http://www.google.com/hostednews/ap/article/ALeqM5gHs5OM3gFG_DytQQZFbWfgPT08MAD96M5CRO0

Good times.

Title: Re: EXPERTS...DOW TO FALL TO 5000
Post by: Hedgehog on March 03, 2009, 08:48:37 AM

5 000 is just a number.
Were USA really in any better shape two years ago when the index was at an all time high?

NOT BY MUCH.
Because there was a deficit budget, a costly war and people were spending money that weren't their own.

This is all about adjusting to reality. 

Stop looking at the index. Look at the p/e numbers, look for how the order books look et al.
That's a real indicator.