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Originally posted by spitefulgod
Who cares, still hasn't affected me
Asian markets have reacted positively to efforts by world leaders to end the recent financial turmoil.
Sydney's benchmark index leapt 5.5%, as markets in South Korea and Singapore opened up around 3%. Tokyo's market was closed for a public holiday.
I think it would be a major catastrophe for it to hit anywhere near 5000, I would be moving to antartica if I thought that to be true, I'll weigh in with a bottom just slightly below 8000, maybe near the 7950 mark as a bottom hovering there for a couple weeks then a sharp jump around the first week of November above 10k again and holding there throughout Q1 '09
Originally posted by grimreaper797
reply to post by alphabetaone
There is no chance its getting up at or over 10k before the end of the 4th quater. I just don't see that as possible given the conditions that will weigh down 4th quater expectations. We won't be really rebounding till mid to end 09 or even 2010.