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/biz/ - Business & Finance


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18207429 No.18207429 [Reply] [Original]

I copy/pasted the upwards trend after 2008 crash, and posted it on our new crash. If that truly is the bottom, and the return to previous high happens to be equally as fast as the other one then... thing will be back to the all time high around 2026-2027!

I hope nobody bought near the top!

RIP

>> No.18207801
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18207801

>>18207429
Can't know if we're already at the bottom yet though.

>> No.18208144

>>18207801
Right, I was teasing the bulls with some
"optimism".

I doubt we're at the bottom.

>> No.18208304
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18208304

>>18208144
God, I hope so. I can't see the market going back up much with all this economic fallout. We haven't fully realized the damage. And after looking at what the "stimulus" bill covers, many companies probably won't be covered.
Also checked.

>> No.18208601

>>18207801
>>18208144

We hit the bottom. We broke every single record getting here... anybody left in the market is holding for dear life. 40% drop.

Oil is at $20, in the petrodollar based economy that means you Dollars are worth more than they were 3 months ago.

Food stocks are at all time highs.