Stock market predictions

Since I love to play the game, this is what I see ahead for the stock market. If we’ve not reached that level yet, we’re very close to the bottom, but that one could still be a 15% drop away. Let’s take only one index, the Dow Jones and let’s run the numbers: While hitting a low of 8283 yesterday, the Dow could go reach 7040. Sounds impossible? Nothing does these days. From a practical standpoint, this will be hard to exactly pin-down, but let’s say that if an investor were to enter the market now, he or she might have to sustain some unpleasant tummy aches until the elevator starts returning towards the upper floors. As for when that ultimate dip is likely to happen? I’d say sometime in January, perhaps a few days before Obama’s inauguration. Let’s settle for January 15; we’ll see…