Bear case - is S&P 400 realistic?

Discussion in 'Chit Chat' started by Cutten, Jan 20, 2009.

Is S&P 400 a realistic target if the bear continues?

  1. Hell yeah!

    21 vote(s)
    41.2%

  2. No way, that's ridiculous

    10 vote(s)
    19.6%

  3. No idea, just trade it

    12 vote(s)
    23.5%

  4. It could go down more but not that much

    8 vote(s)
    15.7%
  1. Cutten

    Cutten

    Simple question - could we have a second nasty down year and end up with a 70+% peak to bottom bear market?
     
    #1     Jan 20, 2009
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  2. S2007S

    S2007S


    simple answer without using any TA is YES.
     
    #2     Jan 20, 2009
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  3. stock_trad3r

    stock_trad3r

    tsk tsk..can't talk about market direction or make predictions in trading forum. move to chit chat.
     
    #3     Jan 20, 2009
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  4. paul_alan

    paul_alan

    Its very possible. We're in a bear market and market looks sickly. Gotta be stupid to be long.
     
    #4     Jan 20, 2009
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  5. m22au

    m22au

    The simple answer is "yes".

    If the only government intervention was via the Federal Funds rate, then I'd say "almost certainly".

    However we have governments in the US and elsewhere that are willing to attempt to spend the world out of the current mess, which could result in the S&P 500 remaining above 750.


     
    #5     Jan 20, 2009
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  6. stock_trad3r

    stock_trad3r

    No. the bottom was made in November
     
    #6     Jan 20, 2009
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  7. Pekelo

    Pekelo

    Not this year. We have the bottom at 600 nicely planed...
     
    #7     Jan 20, 2009
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  8. Ivanovich

    Ivanovich

    If it isn't, and you're wrong for the umpteenth time, will you promise (again) to go away and then stay away?
     
    #8     Jan 20, 2009
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  9. stock_trad3r

    stock_trad3r

    I'm gonna be on the roof again if it keeps falling like this

    lol
     
    #9     Jan 20, 2009
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  10. Random.Capital

    Random.Capital

    Of course we could. We "could" also go up 100% by mid-spring.

    Is that really what you're trying to ask?
     
    #10     Jan 20, 2009
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