Predictions for Tuesday?

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Jan 21, 2008 11:57 pm

Let's get some opinions on where we are going Tuesday. I'm thinking we'll end positive. lol

 
+120 on the DOW.
Jan 22, 2008 12:11 am
punkbynature:

Let's get some opinions on where we are going Tuesday. I'm thinking we'll end positive. lol

 
+120 on the DOW.


You did look at the overnight markets, right?

Jan 22, 2008 12:14 am

I did. Futures be damned! What's your prediction tough guy!

Jan 22, 2008 1:00 am
punkbynature:

I did. Futures be damned! What's your prediction tough guy!



Wide swings, volatile day, but day ends flat.

Just my .02

Jan 22, 2008 1:08 am

Down a bunch...I have a hard time believing the futures would be that far off...

Jan 22, 2008 1:10 am

yeah down a bunch with I think as well

Jan 22, 2008 2:58 am

Looks like everything has taken a dump, so I'm changing my tune...I say we open down 5% and spend the rest of the day clawing up to fill the gap, but not quite making it, -2.5% by day's end.





Disclaimer:
This is in no way shape or form to be misconstrued as advice, I'm an idiot and should be treated that way.

Jan 22, 2008 6:57 am

a rate cut, a bounce  for a few weeks(sell then) then the beginning of the great financial depression. when this decade is over and we have one worst performing decades on record. this is year 9 of no returns in the stock market. the good new is that our children will be able to afford to buy a house.

does anyone have a answer on how the country gets out of this debt crisis?
Jan 22, 2008 8:04 am
ExPropTrader:

Looks like everything has taken a dump, so I'm changing my tune...I say we open down 5% and spend the rest of the day clawing up to fill the gap, but not quite making it, -2.5% by day's end.





Disclaimer:
This is in no way shape or form to be misconstrued as advice, I'm an idiot and should be treated that way.



US Futures are not looking so good, but it is interesting to note that the FTSE and DAX are not down nearly as much...

Jan 22, 2008 8:19 am

My prediction is that the NYSE will open for trading at 9:30 Eastern. Beyond that is anyone's guess.

Jan 22, 2008 9:01 am
Philo Kvetch:

My prediction is that the NYSE will open for trading at 9:30 Eastern. Beyond that is anyone's guess.



Fed just cut rates 75 bps.  According to Fox Business first time since 1984.

Jan 22, 2008 9:05 am

One thing that does concern me - as far as the position taken by all the doom and gloomers - is that we are here again relying on drastic measure to stabilize markets and fiscal stimulus to support the economy.  Yes I fear that many consumers are living beyond their means supported by consumer credit and (until this past summer) drawing down home equity.

We, as an industry, need to set a better example by following our own advice and being a little more prudent in how we spend our money...not on more Rolexes and Lexuses.

(Or would that be "Rolii" and "Lexi"?)

Jan 22, 2008 5:16 pm

you guys are bring me down. oh wait but me fees hit for the month. another 10k before I even get out of bed. I'm in a much better mood.