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View Poll Results: Dow's approximate bottom will be:
6800+ ( we are at it now, up from here!) 18 11.11%
6500 20 12.35%
6250 10 6.17%
6000 29 17.90%
Below 6000 (Honey, sell silver on ebay! You like Fancy Feast?) 85 52.47%
Voters: 162. You may not vote on this poll

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Old 03-03-2009, 12:48 PM   #81
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From the article:

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Balances in money market funds are also not “cash on the sidelines.”
Depends, IMO. If the cash is temporarily sitting it out but waiting for a more (perceived) appropriate time to invest, it's on the sidelines, waiting to get back in the game.

If it's nothing that will ever be invested or it's a permanent part of an asset allocation, it's in the stands.
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Old 03-03-2009, 01:16 PM   #82
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Bailout Bottom.jpg
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Old 03-03-2009, 03:10 PM   #83
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[quote=riskadverse;790957]
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Originally Posted by Bikerdude View Post
With more than 3 trillion sitting in MM accounts....I don't think so.


sideline money:
Capital Vandalism: Money on the sidelines?
The point I was trying to make (and I believe a credible one) was that with more than 3 trillion in Money Market accounts your statement that "most of the money was in" (the stock market) is a stretch.
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Old 03-03-2009, 03:52 PM   #84
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We will see a decline to 4672.

We're in the middle of the steep decline right now, then we will see a STRONG rally to the 8500 - 11000 range. Then the bottom will drop out again.

Anyone noticing the similarity?
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Old 03-03-2009, 04:14 PM   #85
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We will see a decline to 4672.

We're in the middle of the steep decline right now, then we will see a STRONG rally to the 8500 - 11000 range. Then the bottom will drop out again.

Anyone noticing the similarity?
Let me know when it gets to the very top then I will bail. DOW only down 37 points. Maybe I won't lose 20k today.
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Old 03-03-2009, 04:16 PM   #86
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Dawg, you have 20K left?
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Old 03-03-2009, 04:17 PM   #87
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Maybe I won't lose 20k today.
You still have $20K to lose? What the hell have you been complaining about?

EDIT: Sick Great minds think alike...
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Old 03-03-2009, 04:36 PM   #88
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You still have $20K to lose? What the hell have you been complaining about?

EDIT: Sick Great minds think alike...
You had it right the first time.
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Old 03-03-2009, 04:47 PM   #89
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Bears should beware the ides of March!
Prefer a time range to point, I think we are in the last legs of this down leg and will follow with a nice 6 month rally to the fall. But since numbers are required I will pick 6,352.

Don't ask me what I am afraid of come Sept-Dec...........
Running Man,

I WILL ask as your posts always seem so lucid. Personally, my fear for after Sept. - Dec. is inflation.

Oh yes, my prediction on the DOW is:

5945.

Please send my winnings to the Salvation Army. I think they are gonna need it this Christmas!
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Old 03-03-2009, 05:22 PM   #90
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No it is a real fund, not just my checking account. The fund is called "Vanguard STAR Fund"!
That's the fund I use for my kids' Roths. Starting small, it was the only V fund I could find which accepted $1k. Haven't had the nerve to see what the kids' funds have dropped to. Figuring they have 30 or 35 years before they will need to tap the funds, guess I won't worry about it. Wish I could be around to fund them until then. Small price to pay, heh, heh!
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Old 03-03-2009, 05:26 PM   #91
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When does WWIII start? Surely the market will improve after we go 3-for-3, right?
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Old 03-03-2009, 05:28 PM   #92
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What happens when the terrorists decide to test the new administration
I think Rush already has, heh, heh!
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Old 03-03-2009, 08:09 PM   #93
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That's the fund I use for my kids' Roths. Starting small, it was the only V fund I could find which accepted $1k. Haven't had the nerve to see what the kids' funds have dropped to. Figuring they have 30 or 35 years before they will need to tap the funds, guess I won't worry about it. Wish I could be around to fund them until then. Small price to pay, heh, heh!
Luckily I started it last year during one of the big dips, so it isn't down too much considering it is a balanced fund. Good thing I put the funds in a balanced fund and not 100% equities (in hindsight).
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Old 03-06-2009, 11:01 AM   #94
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This website: DJIA P/E RATIO, DJIA EARNINGS AND DOW JONES INDUSTRIAL AVERAGE FAIR VALUE opines $657 in Dow earnings in 2009. Assuming a P/E of 10, that gives us 6570.

SWAG, for sure...
Ok, the bottom's in; BUY, BUY, BUY!!!
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Old 03-06-2009, 11:28 AM   #95
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I think Rush already has, heh, heh!
I miss the Soapbox.
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Old 03-06-2009, 11:32 AM   #96
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Ok, the bottom's in; BUY, BUY, BUY!!!
I've seen $58 for the S&P500 2009 earnings. So PE-10 = 580 on the S&P. Now to be fair earning estimates are all over the place even at $42. I'll stay with my 5500 Dow low for now.
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Old 03-06-2009, 12:24 PM   #97
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SP500 PE hit a low of 7 in the 1970's, but that around 1977 or so

the earnings aren't as important as the expected earnings growth
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Old 03-06-2009, 12:39 PM   #98
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I think it will bottom at 4126.
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Old 03-06-2009, 12:53 PM   #99
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Ok, the bottom's in; BUY, BUY, BUY!!!
What I meant to say was "bye bye"...
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Old 03-06-2009, 01:05 PM   #100
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Looks like my call of "6549" has been surpassed. Although if we aren't playing price is right rules, I may still be in the running if this is the bottom (at 6500 today).
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