COVID-19 - 3/23 - Poll #7 - How low will the Dow go?

Edward64 · 03-23-2020, 09:42 AM

This will be a 2-part poll. This asks how low will Dow go and the next one will be how long do you think it'll take for Dow to recover.

FYI, during the Great Depression the US stock market dropped approx. 90%, unemployment rose hit 23%, and took about 10 years to recover.

The Dow high was Feb 12 at 29,551. On Fri Mar 20, the Dow is at 19,173. So approx a third down so far.

* * * *

The scale is in 1,000's but feel free to play the-price-is-right and provide a precise no.

Edward64 · 03-23-2020, 09:48 AM

No science to it but I picked 14,000 - 14,999 which is approx -50%

Edward64 · 03-23-2020, 07:23 PM

Ping. We need more voters for a better sample size.

Brian Swartz · 03-23-2020, 07:39 PM

I haven't the first darn clue.

Edward64 · 03-23-2020, 07:48 PM

Quote:

Originally Posted by Brian Swartz

I haven't the first darn clue.

No one does. Just go with your gut.

panerd · 03-24-2020, 10:27 AM

Meanwhile while the general populace argues d vs r talking points the Congress stalls Monday and then magically agrees in principle Tuesday causing some stocks to jump 20% in one hour. Wonder if any of these crooks maybe let their friends in on the pending jump?

View Poll Results: How low will Dow bottom out at?
18,000 - 19,000	1	6.25%
17,000 - 17,999	0	0%
16,000 - 16,999	0	0%
15,000 - 15,999	2	12.50%
14,000 - 14,999	4	25.00%
13,000 - 13,999	2	12.50%
12,000 - 12,999	5	31.25%
11,000 - 11,999	0	0%
10,000 - 10,999	0	0%
< 10,000	0	0%
Having Trout nightmares	2	12.50%
Voters: 16. You may not vote on this poll

03-23-2020, 09:48 AM	#2
Edward64 Head Coach Join Date: Oct 2005	No science to it but I picked 14,000 - 14,999 which is approx -50%

03-23-2020, 07:23 PM	#3
Edward64 Head Coach Join Date: Oct 2005	Ping. We need more voters for a better sample size.

03-23-2020, 07:39 PM	#4
Brian Swartz Grizzled Veteran Join Date: May 2006	I haven't the first darn clue.

03-24-2020, 10:27 AM	#6
panerd Grizzled Veteran Join Date: Jul 2001 Location: St. Louis	Meanwhile while the general populace argues d vs r talking points the Congress stalls Monday and then magically agrees in principle Tuesday causing some stocks to jump 20% in one hour. Wonder if any of these crooks maybe let their friends in on the pending jump?

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