Dow next level 7100 or 6800?

Discussion in 'Chit Chat' started by tardes, Mar 16, 2009.

  1. tardes

    tardes

    Dow next level 7100 or 6800?

    I suspect that if it breaks 7000 it will be the end of the current rally. But if it finds support in the next couple of days it will run for another 10% up
     
  2. Redneck

    Redneck

    Yes - to "Will it go to 6800, or 7100"

    Absoultly it will :)
     
  3. I will bet you everything I own and more that the dow will hit 7100 before 6800.

    5yr
     
  4. DB

    DB

    I believe 6200 is the next realistic bottom, only to be followed by 5200. The economy is shrinking, and the market should, in my opinion, keep tapping new previous supports until important economic metrics begin to show a sustainable new direction for the economy, not to mention the overall "world" economy.
     
  5. tardes

    tardes

    Either I wrote too fast or you guys are just comics and piss takers.

    The question was what level will the Dow drop before returning to the current uptrend
     
  6. tardes

    tardes

    Why did you bother replying at all? Your comments are just wasting everybody's time.
     
  7. Redneck

    Redneck


    Simple - You fooling yourself if you think anyone can call it

    Facts Sir

    No one knows
    Market will do what it will do
    Best to go into each day opinion-less


    Every time we get a move folks are either calling for the end of earth, or glory be it's going to the moon

    Like I said Sir - No one knows - period

    Take a guess - You have a 50/50 shot at it

    And I am not being an ass, or trying to jack with you Sir - It's just the plain / simple truth

    Redneck
     
  8. DB

    DB

    Please accept my apology...I am a veteran trader but new to blogging.
     
  9. tardes

    tardes

    OK, that is a good explanation. Even so I wanted to survey people's opinions I suppose yours is neutral.

    Cheers
     
  10. Redneck

    Redneck

    It is Sir

    Take Care
     
    #10     Mar 16, 2009