Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - The ongoing financial turmoil and financial discussion thread

MJK · 09-02-2009, 09:38 PM

I am actually hoping the markets slide again becuase I have some cash lying around and have been waiting a couple months now to invest. I have been expecting the markets to come back down for awhile now and I think there will be some excellent opportunities to buy soon.

I have about 50% of my portfolio in oil stocks and have about 25% sitting in cash waiting for my opportunity to buy.

This is a question to the experts out there...how far can we expect the Dow to drop? Is it unrealistic to get it back down to 8000 at this point? It seems the days of 7000 are behind us for now.

09-02-2009, 09:38 PM	#1320
MJK Franchise Player Join Date: Jun 2003 Location: N/A Exp:	I am actually hoping the markets slide again becuase I have some cash lying around and have been waiting a couple months now to invest. I have been expecting the markets to come back down for awhile now and I think there will be some excellent opportunities to buy soon. I have about 50% of my portfolio in oil stocks and have about 25% sitting in cash waiting for my opportunity to buy. This is a question to the experts out there...how far can we expect the Dow to drop? Is it unrealistic to get it back down to 8000 at this point? It seems the days of 7000 are behind us for now.