What's the market going to be like in Nov 2009?

**BlasterBates** · 24 August 2009, 13:05

seems to be improving, might not be too bad.

**FarmerPalmer** · 24 August 2009, 13:28

http://news.bbc.co.uk/1/hi/business/8217122.stm

Originally posted by BBC

About 41% of senior professionals were more confident about their business prospects in the next year, but only 6% were much more confident, indicating that some caution remains.

IT was the most optimistic sector, followed by banking, finance and insurance.

... so probably tulip

**JoJoGabor** · 24 August 2009, 13:33

In terms of the economy I think we are about to hit a downturn in stocks. I suspect if stocks start dropping again IT expenditure for a lot of corporates will be restricted again. It may be another miserable winter

**swamp** · 24 August 2009, 13:34

"The market" normally means how many contracts there are. What is really important however is the number of contracts per (competent) available contractor.

Christmas and summer are always poor 'markets', but I've found contracts in both periods without difficulty due in part to lack of candidates.

Anyway I don't care about November. Spring '10 is all that matters to me

**BrilloPad** · 24 August 2009, 17:37

Originally posted by DocP View Post

Looks like the business case for my next project is going to a funding review. So I'm likely out the door early Nov.

It could be very good. Or very bad. Or somewhere in between.

HTH

**ChimpMaster** · 24 August 2009, 19:49

My crystal ball says No.

The only other answer it gives is Yes, so I'm not so sure that it's relevant in this case.

**EddieNambulous** · 25 August 2009, 02:28

Originally posted by JoJoGabor View Post

In terms of the economy I think we are about to hit a downturn in stocks. I suspect if stocks start dropping again IT expenditure for a lot of corporates will be restricted again. It may be another miserable winter

There's usually around a 9 month lag between stockmarket and "real life" so even if we get a retracement, I think the effects of the recent rally will still dominate for a while.

**DS23** · 25 August 2009, 07:52

sheesh. can't you be a bit more specific? what day in november exactly?

**DocP** · 25 August 2009, 09:14

November 15th (+/-) 15 days. Fussy aren't you?

What's the market going to be like in Nov 2009?