They say the economy will turn around by the end of the year
 

I think they're nuts... It's going to be countless years before anything changes. :Oh crap

U.S. is fucked

i think "they" are morons. i've got several friends on the trading floor and in the financial sector and all are convinced that we're looking at 4+ years to get back where we were once the bottom completely falls out, which it hasn't done yet. sometimes i think those "they" people don't exist and are figments of peoples opinions that really haven't a clue.

lol.

Those people are supposed to be experts in the field saying that

I have a good friend that trades 5 to 10 MILLION a day. He says the same thing. We are in the tank for 5 to 10 years. To get back to the peak we are looking at close to 20.

5 yrs before being even close to what we were at, maybe longer.

They cant they will realize that during x-mas dinner at the whitehouse

it's hard to imagine

I hope this fixes itself soon..... I'd like to see ratios come back down!

I believe it. A lot of things need to fundamentally change before peak times return.

they mean we will stop losing jobs. stock prices and home values.

2010 at the earliest.

That is to start showing positive progress. Not getting back to 'where we were'.

:2 cents:

100% agree :thumbsup

There is going to be a false rally. Then and we will bottom out around 2012.

I'm guessing it will stabalize by 1st qtr 2010, then slowly start working upwards over the rest of the year.. It will be years before we get back to where we were, then crash again.

I dont think its going to take quite that long.

To me the economy making a recovery and the stock market getting back its losses are two different things. Chances are the stock market was grossly overvalued and it could take year and years to get back to where it was just a few years ago. That said the economy could stem job losses and start creating jobs and turn itself around and the market could still not be back where it once was.

When I hear some experts saying by the end of this year things will start to turn around and improve I don't think it is a crazy idea. But just because that happens doesn't mean that the dow will make it back to 14K any time soon. Maybe it won't for a decade or longer.

The dow hit 500 around 1960. It took until 1996 for the dow to then hit 4,000. It then went from 4,000 to 11,000 in five years and from 11,000 to 14,000 in another 4 years. That is crazy growth and when you look at the history of the dow it is way out of proportion. Maybe it should have never been this high. When it takes 36 years to go up 3,500 points then it only takes another 9 years to go up 10,000 points it seems pretty clear that something is out of whack.

Y'all be under estimating the powers of the almighty magic negro,.. He be saving ya'll real soon.

I like to masturbate off-handed twice a week to shake things up a bit.

...and then the Mayans will have the last laugh.
:winkwink: