European Tribune - Comments - LQD: Roubini alert on global financial meltdown

LQD: Roubini alert on global financial meltdown | 28 comments (28 topical, 0 editorial, 0 hidden)

so looking at that, if we follow that pattern there ahould be a roughly 120 week slide in stock prices abfore things start to recover?

so when did the current troubles really start?

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Fri Oct 10th, 2008 at 05:37:40 AM EST
[ Parent ]

Re: Three crises (4.00 / 2)

IIRC, the DJIA peaked around October 10, 2007. If it follws the same pattern, it should go down for around 70 more weeks...

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Fri Oct 10th, 2008 at 05:53:49 AM EST
[ Parent ]

Re: Three crises (4.00 / 2)

The prediction has a big chance to be self-fulfilling.

by das monde on Fri Oct 10th, 2008 at 06:40:46 AM EST
[ Parent ]

Re: Three crises (4.00 / 4)

so it peaked around 1400, and is currently around 8600, that would mean it bottoming out at about......

1040

[ceeb's Crystal Ball of Doom™ Technology]

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Fri Oct 10th, 2008 at 08:06:17 AM EST
[ Parent ]

Re: Three crises (none / 0)

Difficult to say. If you look at the three crisis mentioned, the duration of the slide is more or less the same, but the depth is not.

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Fri Oct 10th, 2008 at 08:15:36 AM EST
[ Parent ]

Re: Three crises (none / 1)

I was working on slides appear to last 120 weeks, in 50 weeks we've lost x ammount, so how much would we lose in 120. OK it's not even vaguely scientific, but then again I havent seen anybody 'serious' provide any scientific figures either.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Fri Oct 10th, 2008 at 08:28:08 AM EST
[ Parent ]

LQD: Roubini alert on global financial meltdown | 28 comments (28 topical, 0 editorial, 0 hidden)

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