Is it possible for Dow to reach 0?

tmoney · 10-09-08, 04:28 PM

No Its Not Grow Up

jjgold · 10-09-08, 04:29 PM

It might get to 5,000 but that will be it

topgame85 · 10-09-08, 04:29 PM

0 no but it will go a lot lower economy is fvcked glad i am not in the market rather bet horses or the lotto even

Sinister Cat · 10-09-08, 04:29 PM

Even if all 30 of the current Dow components went bankrupt, the Dow's composition would change before that happened.

durito · 10-09-08, 04:29 PM

Surely it's possible.

We are all ****ed if it does.

Let's not forget the DOW has dropped over 50% from it's highs in several previous recessions. We aren't there yet.

topgame85 · 10-09-08, 04:34 PM

Very well could drop more than 50% this time because it was so inflated/overvalued approaching the 50% mark may reach it by election day or sooner

bmw530i · 10-09-08, 04:40 PM

Originally posted by jjgold

It might get to 5,000 but that will be it

Before all this mess, billionaire Charles Ikan forecasted the dow to hit 13,000 and beyond so many agreed, this guy Ikan possesses 50 million shares of Yahoo!
This isn't really happening...