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October

kincsem · 2007-10-02 21:34:26

Some famous stock market collapses in October - 1929; 1987. The Dow hit a new high yesterday. Are we heading over the precipice ?

02-10-2007 10:34pm

#1

kincsem

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Some famous stock market collapses in October - 1929; 1987.

The Dow hit a new high yesterday. Are we heading over the precipice ?

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#2 03-10-2007 1:35pm

silverharp

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kincsem wrote:

Some famous stock market collapses in October - 1929; 1987.

The Dow hit a new high yesterday. Are we heading over the precipice ?

it's an interesting one, one analyst I read basis his work on dow theory and statistically there is a 4 year cycle give or take a year, he is still calling for it in the months ahead. fundamentally there is alot more to run in the credit crises and I don't think the market has discounted this yet.
on the flip side if everyone is expecting one you can be sure it wont happen.

A belief in gender identity involves a level of faith as there is nothing tangible to prove its existence which, as something divorced from the physical body, is similar to the idea of a soul. - Colette Colfer

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