SPDR Dow Jones Industrial Average Message Board
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Where are we headed in the next few weeks ? cast your opinion
I think we may see a rally in the next few days and then reality will set in.
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I think we hit dow 9600 and the s+p tries to break 1000, then back down.
- 1 Reply to pawn123457
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I suspect that will occure.
But I do not see up retesting the 750SP 500 low...we could go back say...10 % from here....but it is over for the BEARS.
For the bears it is OVER...... they can short on the drops...but the big money was in 2008 to short.
2009..we will be UP 10 % Dec 2009....
Would not be suprised to see the markets go 20% up for the year....
Good luck all...
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You guys are not expecting a mini rally ahead Obama's inauguration? I understand things are very bad and Dow will test 7500 again but I believe Dow will hit 8900 before 7500. I am staying on the sidelines and IF the market does rally, I will go short.
- 1 Reply to sootagain
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Soot you were right. The market has rallied the last couple days on low volume though. What do you think market will do next week when volume should pick up plus 4th qtr earnings reporting kicks off ?
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The reality tell me that we will back to $75 before any rebound.
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Reality is already setting in. Fed cuts rates to zero and the market falls 5 straight days afterwards. 2 up days on absolutely no volume. The drop is coming:)
- 1 Reply to treepistonmagic
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Big Storm is coming up, get out & save your self while you can. And wait until Feb when our Hero the super "O" president to save us.
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