Step right up! Take your shot at being a financial prognosticator! Vote on the poll for a general range and then post your exact number for the bottom of the DOW over the next six months. By choosing six months I am exhibiting some optimism as I think we are near the bottom but to be clear, it is the low point of the Dow from now until September 2nd, 2009. That means if it's lower on September 3rd, that does not count. For the winner, I will make a $40 donation to your favorite charity (no really) in your name. I figure no one wants to hand out their address to some Internet stranger who could be an axe murderer ("But he has Bud Lite!" "And and axe!") The winner will be the one with the number posted that is closest to the low, either over or under.
So I'll start by guessing 6000 as the low for the DOW, I see too much resistance for it going any lower than that.
So I'll start by guessing 6000 as the low for the DOW, I see too much resistance for it going any lower than that.