Let us guess exact dow close on Friday evening. My guess is 103.50Please Post yours
Next Friday is the 11th. I do not know what it will close at but I do know the DJI is going to 9500 and there is not much support to 8260 and if the markets crashed then we drop to a low of 4500.What a great time to have cash and ready to buy because the DJI lows are yet to come and will have come and gone by the end of this year. JMO
DIA eill back to 102 to 103 on monday and drop back to 101and close. Tuesday will be back to 102 -103anc close there. by from Wed to Friday slowly going down and will close at 97 -98 on Friday and week after that it will close at 95 -96.
98.7 a cut above normal
Monday morning green to stop-out alot of the inverse etf holders, then the drop continues... Unless you believe we're getting better "day by day":http://blogs.abcnews.com/politicalpunch/2010/06/president-obama-may-jobs-report-shows-economy-is-moving-in-the-right-direction.html
Don't go by news, and guessing gets expensive. I'll say the consequences of recent news will hit before Friday; maybe lower than 9k dow by then. Maybe it will take longer.