could be a vicious sell-off once enough buyers is trapped. i could be wrong about it, but i am not buying into all this excitement.
These are my numbers for Dow. I'm looking for this to happen with in the next 5 years. This is how long it's going to take to clean this BANKING MESS UP. It's Not Wall Streets mess, THIS IS JUST INVESTOR, just making their bets on the best place to invest in at this time. It's the greedy Banks that cause this all. Not the investors. All these so call smart man who are in charge, are the one's who can't get it right when its time to place their bets. Because they don't know how to invest, they TURN IT AROUND and BLAME the smart one's who do. AND GUESS WHAT, they ARE ALL AMERICAN INVESTORS !!!! That's why, it's so very clear to us all, that these" AHOLE'S are a BUNCH of LOSER'S" and there out to change the rules. What they don't know, is that since day one in Wall Street, the rules are WHAT PULL US OUT OF EVERY CRASH WALL STREET has ever had, and this is why WE HAD THE DOW AT 14198. all time high ever. We can all thank the BANKS for this sell off. And for the selloff to come. Thanks again you ass's. This is just another way AGAIN to flat out ROB, STEAL, and LIE to us all again , so they can STEAL THE MONEY OF THE AMERICAN PEOPLE again. They are ALL FULL OF SHIT UP ON HILL IN WASHINGTON. Back to the real numbers. Buy the way, these are my numbers for Dow Jones. In the next 5yrs, I see: 9300, take that out, 7720, then if it's get's real bad and I think it will we'll see 6200-6000 in the next five years. (this is why they don't want anyone "selling short"). trade well, perr
you will pay 6000 for a burger in 5 years - i doubt dow will be that low. the question is how it performs in different currencies - go figure...
hmmm. I didn't have a plan for the inverse of the plan announcement. A short term crash, then the market ramps? I'm not betting on it, but it could happen.
I'm thinking if it passes then we'll rally up to around 1200. Then it'll all depend on earnings, if earnings are worse than expected then we will probably start selling off and take out the 1100 level on S&P. Otherwise I think 1100 will hold. I think when the passing of the bill seemed like a foregone conclusion last week the market was around 1200 so I think that is the priced in level of the bailout, after that we get back to earnings.