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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
85.25
(
0.16%
)
Bitcoin
63,466.56
(
1.27%
)
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TheInvisibleHand ™

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TheInvisibleHand ™

Re: A deleted message

Saturday, 09/20/2008 6:09:40 PM

Saturday, September 20, 2008 6:09:40 PM

Post# of 23113
Sorry i wasn't really clear. If you think the dow will break 10000 this winter, then I'm assuming you think things will get worse? I think we will actually see gdp go up in the U.S. in the second half and the worse is now behind us.

However if you think things will get worse, and we are heading for a global recession, I don't see how you think oil will go too 200. I have seen models predicting oil to go back to the 50-80 range. If things get worse there will be less demand for oil thus price will decline. The way i see it.

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