When are we going to see the open market hit bottom?
It seems approaching the market keep going lower and lower every day near no end contained by sight. Any one enjoy a clue, predictions?Answers: I think the marketplace has a few more down days (probably beside DJIA testing the 11,800 mark) previously it starts to pick up. The slowing economy, a soft housing open market, election and weaker corporate income growth will all put pressure on the market throughout this year. What we need is a pullback on grease prices along with a stabilizing US dollar to fuel the market, at least temporarily. In a few months time, I construe the DJIA will cross its 200 day moving average of around 13,400.
I regard we are already at the bottome, if there is any track the market can budge or rather should shift now is Upwards.
Have a hunch that the flea market will correct in the coming week, I mingy correct for good.
Predictions?
The souk has dropped from Dec. 26, to yesterday, something like 15%.
If this is the prelude to a bear flea market, and if indeed this is a recession, it should drop another 15% to 30% more.
If this recession is mild, it could be we are reaching a significant bottom soon, perhaps another 500 points lower on the S&P 500.
These are only my gut feeling predictions.
I own to emphasize that contained by this type of market, it appears we can skid along the bottom for relatively some time, never dropping very much, but never acquirement much as well.
It could be a mixture of stagnation and inflation, which would spell a in the neighbourhood term wrapping up to the bull advance, but not necessarily a carry market.
The solitary wild card is what is to become of adjectives the unsold housing and the difficulty of people individual able to afford ample martgages.
With this ongoing problem, the market is underneath seige.
My only conception would be to make instant changes surrounded by the housing sector.
Evaluate all properties at a 25% price cut immediately, and provide away unsold homes to returning veterans...they deserve it..."I support the troops" (That would be one way of showing support instead of have them live in squalor).
My hypothesis would free up unsold properties, and get us support on track for further growth.
Even with this "road out" idea of mine, housing will never see what it did from 2003-2005. That be a fluke.
17500 to 18000 would be the bottom but still the political compulsions of ensuing elections may force it further down. One silver inside layer is that political events have poorer correlations an shorter impact on the markets.
It will rise post budget and on profits of the last qtr.
$$$$$$$$$?
I'm in Hangzhou, Zhejiang, China. How can I find angel investment for my Internet startup?
Answers: What website you want to make..
i can spend up to USD 60k
I love visiting that part of China but I have no idea what is the angel investment.
How should I invest $1000?
I am 15 and saved up $1000, what's the best approach to invest it...just preserve it in a giant interest ING account?I am sort of interested within stocks. But if it was as effortless as going to the store and buying them I would do it. But you have to budge to a broker, get an justification, pay, etc. Any oblige in making the buy/sell process unforced. And it's even harder because I'm a minor.
I live in Canada. I'm likely to take some risk.
Answers: That's merely like my situation!! 'cept I'm a girl, one year younger and live within Australia. =O
Yeah, I was thinking bout putting it surrounded by shares and all that, but I'm not really that bothered very soon, I will one day. I just spend my money at all, so it's going into the guard real soon, underneath my Dad's name and into a dune with a definite high interest rate if you don't repeal any money for a set amount of time. And then I'll view it grow. You should do the same 'produce the longer you leave it within a bank beside high interest (and/or on a plan type of entry for a set number of years) the interest rate extrapolates and increases in time. You don't entail a broker or anything, just obtain a TRUSTED adult to do it for you. Or you could enter contained by one of those minor accounts for people underneath 18, they also teach you more or less banks and loans etc. Good luck next to your money.
im thinking since u are only 15 and dont own a monthly income... your best bet is too keep it surrounded by a high int. ing description but once u get a career to open a roth IRa.