Dow 12/31/2009

[edew]

Guess the Dow at the close of 2009.

[edew]

My guess: recession will cause the Dow to slide to about 6500 by March then slowly climb back to 11800 by the end of the year.

Buy stocks in February guys.

/Not a financial expert. Don't listen to me on this.

[Immelmann]

Dow Jones will be < 6,000. The age of the evil mammon-worshipers is coming to an end, and it will give way to the age of lethargic socialism. I base my reasoning on tried-and-true pessimism and the fact this promises to be Retail's version of the apocalypse this Christmas.

[noodle]

dow will finish its self-correction soon, after q4 results are in in 09, and will continue its historical growth trend to hit somewhere in the 9000-9500 range.

[Black Jeebus]

I'm tempted to generated a weighted average of this poll, and also interested in seeing results for the same question over the next few months- clearly though we would need new polls each time in order to allow people to reassess.

EDIT: The weighted average as of 9:50 EST 12-03-2008 is 8672 (assuming that the average value for the first >6000 option is 3000, and the average option for the last 11600 is only an additional half an increment).

[Lemonaide]

I put it between 88-90somthing. Why? because it was at 10,000 in 1993 or 1994, and dropped two thousand points in 15 years. Therefore, it won't shoot all the way up again, but rather settle at a decent leve.

[edew]

I believe you're off by a factor of 10. In 1993 and 1994, it was around 1-2K, maybe 3K at best.