Goodbye October, Hello Rally? Big Money Sees Dow Up Another 14%

AGREE IT WILL UP TO 10,642 AT THE YEAR END.........WHY......OVER KILL ....OVER SOLD........

wrong!

Come on baby go higher so I can BAIL OUT !!! come to papa baby....

Nonsense. Stocks are still over-valued. Expect Dow to fall to 7,000 early next year.

HAPPY!!!!!!!!!!!

He says "stocks I recommended when they were $50 or $60 are now trading around $30." Doesn't exactly instill confidence in his predictive abilities.

I agree. Then crashing again in March to 8,300.

After every drop in this market, the experts have been saying: "the markets will now be in a range; up a year from now", over and over again! Nothing is a bargain, everything is fair value for the first time in a long time... Fair value does not mean bargains. The stocks you owned before were just overpriced crap.

Looking at the Dow graph, it could go to 10,000 tops. The reason being that 10,000 is the 50% retracement from 12000 to 8000, plus there is a sh@# load of resistance at this 10,000 level. AIso the 30 day moving average is still pointing down. But looking at the market fundamentals, I doubt it will reach even this level.. People are trying to talk up the market so they can sell into the rally. These are parasites, leeches, lying through their teeth so they can profit. Not all the crooks are in jail folks.

It may end the year in the 10,000's but I seriously doubt we've seen the worse. It's going to take a few months for all the results of the layoffs (Xerox, GoldmanSachs, Merck, FPL, etc etc) to work their way into the markets. Once the numbers for the Christmas season come out in the early part of the year people will go back to panic mode.

What was the big money poll earlier this year for where the DJIA would be at the end of October or where it will be at end of this year, but taken much earlier this year? Give me some history so I can gauge their accuracy. I'm still seeing things as a bear market rally, which is why I'm not in yet. I sure want to get in, which tells me most people are once again too bullish right now. I need people to think the market will continue lower to tell us that we really hit a bottom. I believe that the market has already priced in Obama winning and that we won't have a rally after the election as we've already had it before the election. It's simply buy the rumor, sell the news.

I think 10,600 is a fine number, I was personally picking 11k. When it reaches that number, I will bail, though. It will drop again. And when it drops again, I will jump back in again. Then I will hold long term as the economy recovers...but thats a year out, so that plan could change....easily. I sold all my stock holdings when the dow was at 13k in 2007 (it went up to 14k after that, and then eventually starting going down). Then I bought back in when the dow was at 8500. So, far so good, on market timing.

"Retail Investor," they even have a name for you idiots. Come on down, Come on down; so the wall street barrons can scalp what you have left. These damn "cheerleaders," (the name I have for them), would love to get you into this market. This casino still has a lot of problems and the greedy little players still have not learned their lessons. They know the bailouts are still available, so they are free to play their games. This pendelum will swing the other way and not in the fat cat's direction. Cash is still king and savings is the game plan for the future.

elliot wave at work here

"Big Money" are the greedy idiots that got us in this mess. Besides being way over valued stocks are not going to go up until I the consumer feel it's time to spend freely again, and that is going to be a long time. Christmas will be family, good food and a great time this year, just no stupid tree or spending and I will feel better for it.

up up and away we go

FROM THE COMMUNIST POINT OF VIEW THEY LIKE THE DOW JONES TO FALL % 40 PERCENT MORE ,THE HDGE FUND LIKE IT, THE SHORT SELLER LIKE IT BECAUSE THE ARE THE AGENT OF SOCIALIST AND COMMUNIST...... THEY PROFIT FROM IT AND THEY HATE GOOD NEWS....I LOVE GOOD NEWS AND HOPE.......THEY ARE AFRAID THE DOW JONES TO UP 10,500 BY YEAR END ........

FROM THE COMMUNIST POINT OF VIEW THEY LIKE THE DOW JONES TO FALL % 40 PERCENT MORE ,THE HDGE FUND LIKE IT, THE SHORT SELLER LIKE IT BECAUSE THE ARE THE AGENT OF SOCIALIST AND COMMUNIST...... THEY PROFIT FROM IT AND THEY HATE GOOD NEWS....I LOVE GOOD NEWS AND HOPE.......THEY ARE AFRAID THE DOW JONES TO UP 10,500 BY YEAR END ........

Buy FORD and triple your money in less then 2 years. A SURE thing other then death and taxes !

good news indeed. I'm ready for a rally!