Author Topic: EXPERTS...DOW TO FALL TO 5000  (Read 617 times)

SAMSON123

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EXPERTS...DOW TO FALL TO 5000
« 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
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Re: EXPERTS...DOW TO FALL TO 5000
« Reply #1 on: March 03, 2009, 08:25:10 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

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Hedgehog

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Re: EXPERTS...DOW TO FALL TO 5000
« Reply #2 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.   
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