The Dow tomorrow: Predictions?

#155
#155
volinbham said:
$50 - unbelievable. Those evil speculators - oh wait a minute.
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They all had to cash out to pay the mortgages on their upside down houses.

That and with Christmas coming they wanted to be able to get their kid the G.I.Joe with the Kung Fu grip.
 
#156
#156
droski said:
the concern is that obama will kill all defense contracts.
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No way he kills the tanker contract. This is a legitimate need of the military. The tankers we have now are 50 years old and cost too much to fly. This has been in the works for years. McCain actually screwed the pooch on this one with his one-sided support for the European contractor to win the last bid that was rejected by the GAO. I understand Boeing did some shady things that hurt their chances the first time around, but they paid for the ethics mistakes and put in a better bid this year. The charge led by McCain on this latest go around to kill Boeing from the beginning was too much.

Now things like Missile Defense and Future Combat Systems are definitely in jeopardy, of which Boeing is the prime integrator.
 
#158
#158
I really feel like what happens in the next 2 hours will dictate what the market will do for the next 2 weeks. We need to get back to the SP500 830-840 range
 
#159
#159
WE NEED OBAMA TO COME OUT OF HIS CHICAGO OFFICE AND TELL THE PEOPLE THAT RAISING TAXES IN THIS ENVIRONMENT IS A BAD IDEA

There is no confidence AT ALL in this market and SOMETHING needs to be done ASAP.

People are getting HAMMERED right now in their 401k's IRA's etc. Down 50% is the NORM this year, and there is no reason whatsoever to buy this market and the selling will continue until someone comes out and says something positive.

HELLO President Elect??? The People need you to say SOMETHING regarding this financial 9/11

Or else the people of this country are going to only have CHANGE
 
#162
#162
VolsNSkinsFan said:
WE NEED OBAMA TO COME OUT OF HIS CHICAGO OFFICE AND TELL THE PEOPLE THAT RAISING TAXES IN THIS ENVIRONMENT IS A BAD IDEA

There is no confidence AT ALL in this market and SOMETHING needs to be done ASAP.

People are getting HAMMERED right now in their 401k's IRA's etc. Down 50% is the NORM this year, and there is no reason whatsoever to buy this market and the selling will continue until someone comes out and says something positive.

HELLO President Elect??? The People need you to say SOMETHING regarding this financial 9/11

Or else the people of this country are going to only have CHANGE
Click to expand...

"Why? Everything looks ok from here"

original.jpg
 
#163
#163
VolsNSkinsFan said:
WE NEED OBAMA TO COME OUT OF HIS CHICAGO OFFICE AND TELL THE PEOPLE THAT RAISING TAXES IN THIS ENVIRONMENT IS A BAD IDEA

There is no confidence AT ALL in this market and SOMETHING needs to be done ASAP.

People are getting HAMMERED right now in their 401k's IRA's etc. Down 50% is the NORM this year, and there is no reason whatsoever to buy this market and the selling will continue until someone comes out and says something positive.

HELLO President Elect??? The People need you to say SOMETHING regarding this financial 9/11

Or else the people of this country are going to only have CHANGE
Click to expand...

i agree 110000%. if he would just come out and say he isn't raising taxes and is going to delay some of these social programs the market would respond very favorably.
 
#167
#167
droski said:
i agree 110000%. if he would just come out and say he isn't raising taxes and is going to delay some of these social programs the market would respond very favorably.
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I predict that it will be announced in about February of next year that the repeal of the Bush tax cuts for the top 5 % will be ... phased in over 2-4 years.
 
#169
#169
lawgator1 said:
I predict that it will be announced in about February of next year that the repeal of the Bush tax cuts for the top 5 % will be ... phased in over 2-4 years.
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ahh February?? Thats two months, the stock market will fall a few more thousand before then... He needs to come out and say that TOMORROW
 
#170
#170
It is crazy how these support levels are breaking with no problems. It seems like there are about 0 buyers in the last hour of trading.
 
#171
#171
myrobbins7 said:
It is crazy how these support levels are breaking with no problems. It seems like there are about 0 buyers in the last hour of trading.
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Its becoming expected, which is not good.

Add in that the system trading forces some of the big funds to sell off in the face of the back end of a rally, and wallah.
 
#172
#172
lawgator1 said:
Its becoming expected, which is not good.

Add in that the system trading forces some of the big funds to sell off in the face of the back end of a rally, and wallah.
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I know and agree with that, but this trend has to end soon, very soon.
 
#175
#175
If C has to sell smith barney which has billions is positive free cash flow the world is really ending because that means every bank is going under. god i need a drink
 
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