Will we ever visit 09 S&P 500 lows again?

Discussion in 'Trading' started by Zr1Trader, Nov 5, 2013.

Will we ever visit 09 SPX lows again?

  1. Yes

    19 vote(s)
    44.2%
  2. No

    24 vote(s)
    55.8%
  1. Let's hope the '09, lows are taken out.

    The alternative is "market to the moon" with $USD currency in the shitter. If that happens, won't matter how high the market goes or how many $Bazillion you have, you'll still be bankrupt.
     
    #11     Nov 6, 2013
  2. hajimow

    hajimow

    We see signs of correction which should be coming soon. The sign is that not all markets are going up. Dow, S&P are up. Nasdaq and small cap are down.
     
    #12     Nov 6, 2013
  3. I'm surprised by how many yes votes there are. BTW ... I voted yes.
     
    #13     Nov 7, 2013
  4. ammo

    ammo

    not likely, that channel rises as it extends ,if we stay above the lower end of it, , making that number an antique
     
    #14     Nov 7, 2013
  5. probably not down to the 2009's level, because SPX has made higher high. though 60% drop is possible, which has happened in the past several times, it could take the SPX probably 2 or 3 years to get down to the 1000's level.
     
    #15     Nov 7, 2013
  6. Currency wars. Euro was started to trade in line with USD, not 30% higher. They still have 1/4% to go and endless QE possibilities. I guess rates could go negative and endless US QE.
     
    #16     Nov 7, 2013