Stock Market Predictions 7-10-10
Topic of Debate
In recent week's, The Greek has had a lot to say about the direction of the economy and the stock market, with his discussion focused on the possibility of a double-dip recession and stock market decline. As the market has followed through in doing her part, the economy remains in question. We want to know what your stock market predictions are for the near-term and for the rest of the year. Will the latest actions toward restoring confidence in Europe sustain an upward rise for stocks in the United States? Will the US economy keep growing? Or, is The Greek correct in his forecasting for economic stalling and possible double-dip recession? Where do you see stocks heading, and what about the economy?
What are Your Stock Market Predictions?
DEBATE TOPIC ARCHIVE
(Relevant Tickers: NYSE: PIZ, NYSE: PIE, NYSE: PDP, NYSE: DIA, NYSE: SPY, NYSE: NYX, NYSE: DOG, NYSE: SDS, NYSE: QLD, NYSE: IWM, NYSE: TWM, NYSE: IWD, NYSE: SDK, NYSE: ICE, Nasdaq: QQQQ, Nasdaq: HTOAX, Nasdaq: HTOTX, Nasdaq: HTOBX, Nasdaq: JTCIX, Nasdaq: JTCNX, Nasdaq: JTCAX, Nasdaq: QQQQ, NYSE: GS, NYSE: MS, NYSE: BAC, NYSE: JEF, NYSE: C, NYSE: JPM, NYSE: DB, NYSE: CS, NYSE: STD, NYSE: MGH, Nasdaq: TROW)
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Labels: Debate Topics
posted by The Greek | 1:45 PM
10 Comments:
A long slow recovery, perhaps until mid-2012 with a shallow double-dip possible. DJI trading in a range of 9200 - 10800. Restraing factors will be slow job growth and a depressed housing market. Not very pretty for the next couple of years.
The global economy is changing dramatically and the role of the US is changing too. The sooner we adjust to this new reality the better.
The US is still the best crap game on the planet, but save us from the idiots that lead us (all of them) and have driven the pattern of partisanship into a domestic political war that shows just how weak we are morally and ethically to the rest of the world.
Once we get our act together to fix this, things will get better. I have no confidence this will happen.
We moved ALL our retirement investments from mutual funds to money market accounts in March-April 2007. This against the advice of our financial planner. Our principal is intact, but we're not making any money now. Based on what we see and hear, we are staying put for the next several months. Retirement is less than 6 years away. I think our economy is in a world of hurt right now and unless things change drastically for the better, it will remain in trouble for years to come.
I expect a much deeper drop by year end than we have previously seen. The combination of restricked money growth and country debt issues will lead to a recession and big stock market drop.
Trading range bound.. Games by black boxes 70% of all trading is computer generated they move it up and down 4 times per day you can see when they throw the switch...Mkts are ruined forever people know its crooked and I am in the business..No more buy and hope and hold for long term..Money needs to be moved 3 to 4 times per year now ....GS JPM C BAC MS all making $ from stock trading bad Idea ask Glass Steigel banks and brokers all crooks....All my clients under managed money no more buy and hope...1998 to march 2010....100k in s&p worth 123k less then 2% per yr less then not good...
I think the market should go down but Ben may start the presses again. Look at this link and tell me we're not entering a depression.
http://www.dailyjobcuts.com/
The economy or the stock market?
Indices will break March 2009 lows by the March 2011
The economy is facing strong headwinds...austerity policies, higher taxes, defaults, credit concern worldwide....at best, we're in for a long hangover from the excess or many decades of credit
This 18 year bear market is about halfway completed. We need to retest the lows of 666 on the S&P and bounce off those lows, not like the failed restest of the 2002lows, and we need to have capitulation by the small investor. So this will be a slow blood-letting over the next 4-8 years with a new Bull Market to ensue in 2018, and steady ourselves for another bubble of some sort. I'm predicting another housing bubble in 2025.
Here's my prediction, dedicated to the CEO, the chairman, and the spokesman of BP:
Three liars in white shirts
Black oil spill still streaming
Thirteen weeks of hurts
Never stopped me dreaming
BP's going broke
it's going broke
it's going
BP's going broke!
(melody: "Three Lions", the hymn of the English soccer team)
wait for bac to hit 8.98 then go into the market. by then buy coal aci mee anr free recom. at funelp at yahoo dot com
Post a Comment
<< Home