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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

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Old 03-23-2020, 08:42 AM   #1
Edward64
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Join Date: Oct 2005
COVID-19 - 3/23 - Poll #7 - How low will the Dow go?

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.

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Old 03-23-2020, 08:48 AM   #2
Edward64
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Join Date: Oct 2005
No science to it but I picked 14,000 - 14,999 which is approx -50%
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Old 03-23-2020, 06:23 PM   #3
Edward64
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Join Date: Oct 2005
Ping. We need more voters for a better sample size.
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Old 03-23-2020, 06:39 PM   #4
Brian Swartz
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Join Date: May 2006
I haven't the first darn clue.
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Old 03-23-2020, 06:48 PM   #5
Edward64
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Quote:
Originally Posted by Brian Swartz View Post
I haven't the first darn clue.

No one does. Just go with your gut.
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Old 03-24-2020, 09:27 AM   #6
panerd
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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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