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

[quote=punkbynature]Let’s get some opinions on where we are going Tuesday. I’m thinking we’ll end positive. lol

  +120 on the DOW.[/quote]
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

[quote=punkbynature]I did. Futures be damned! What’s your prediction tough guy![/quote]

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

[quote=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.

[/quote]

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

[quote=Philo Kvetch]My prediction is that the NYSE will open for trading at 9:30 Eastern. Beyond that is anyone’s guess.[/quote]

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.