You knowledgeable guys who pretend to know give or take a few the stock souk. Just transmit me, what will the S&P500 be subsequent Friday?
Answers:
the souk will verbs to drop. wall street disregarded the subprime worries until the actual repurcussions started to be feel. capably, presently its not a put somebody through the mill as to whether the subprime issues will affect the overall discount, its a quiz of how much will it affect it. so, the bazaar be path overbought to originate near, and very soon theres alot of distrustful press within the report. the market and individual stocks tend to stay on their current trend until something change. very well, per the bazaar overall, something have changed. so in a minute we trend downward. be careful of suckers rally.
Your ignorance of how the stock flea market works is showing!
No-one know (or officially can) where on earth the souk will be within the short-term.
I CAN assure you, though, that 7-10 years from immediately it will be in the order of double what it is today.