View Full Version : Will there be another fall before 2010
Do you think the share market will have another crash before 2010?
JamesGG
02-09-09, 03:52 PM
Probably. Define crash?
Today hasn't been such a good day for most shares. General trend is still good though. The market is also more than a little nervous around October in most years so often some good value can be found then.
I think majority of shares will fall over the next month of so. A lot is depending on the US unemployment figures and china's economy at the moment.
Pending some sort of huge adverse announcement, I think we're pretty safe for the year now. Given the fairly tame response to Dubai's debt problems a few weeks back I think there's a fair bit of support at the market's current level.
A few blokes are tipping a big correction in 2010, and that's probably a given thanks to the 50%+ returns of 2009, but I doubt it will be another sustained drop, and not what I'd call a 'crash'.
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