Leo Lion
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Here is my predictions....
The Dow will open 420 points lower.
It will then drop another 100 points in the first ten minutes.
By 10:00 A.M. it will be down 550 points, mostly due to financial companies in the Dow Jones average.
By noon, it will be down 600 points.
By 2:00 P.M. it will be down 440 points.
By 3:00 p.m. it will be down 320 points.
At the close, it will be down 415 points.
It will close the week higher than tomorrow's close, but be prepared for more blood letting next week.
The above scenerio, if close, would spell a bear market global crisis in need of solid ideas, not bandaids.
Oh, some stocks will be higher tomorrow. |
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▲ßûІІѕ vÅŸ ßèÄÅ—Ñ•â–¼
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I believe the US market will open with mixed signal unless we have more bad news and bad data related to jobs and other indexes.
today's global sell-off reflects the plunge on last friday.
and last week's sell-off in US may have been overdone.
so if tomorrow no bad news and some good earning news from some companies we may even have a rally.
until then we will cross our fingers and hope people would let their brains control their actions instead of letting fear rule wall st. |
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heyteach
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You mention open AND close so I think the day will look rather like this:
Markets will open with a FLURRY of SELL orders, driving all the indexes down. Then after a good, sharp plunge, CERTAIN stocks will start to pick up steam (utilities are one I'd expect to climb ultimately). They'll be more vibration, but the majority of the market will close DOWN, seriously down. There will be a LOT of volume, even in what are normally thinly traded shares.
We'll see more up and down all week and more stupid political commentary and more ripples in foreign markets.
As for me, as I don't have funds that aren't invested (I did my month's budget last week), I'll sit it out. Feel zero need to sell what I have and it will plummet in the morning, but ultimately (longer term) will be fine.
You're going to see actual panic in places--ER visits up for folks with chest pains. Might want to invest in beer stocks--drinking will be on the rise in the States for sure. Not being sarcastic either. This is sad. Wish the damn demagogues would stop playing around like the understood economics. |
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Daniel M
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It will open like the trap door on the gallows! That crack you hear just after 4 will be my (financial ) neck!!! Mac |
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Dr.T
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It will be a rough ride, but I'll be looking for bargains. |
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Adam J
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I think we're going to open low and move lower, frankly. I don't see many bargain hunters coming in yet, and I expect that they'll be drowned out by panic sellers and people shorting everything that moves--my guess is 800 points down, and perhaps worse than 1,000. I hope I'm being pessemistic, obviously. |
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b2fnow
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The open is already a given; Dow futures already down over 600 pts.
The close tomorrow is anybody's guess, but to expect a close higher is unrealistic. It is what it is; let the cleansing begin. |
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jack f
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the DOW will open lower but will close with a gain of 200 points |
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zygote222
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It looks as if the major markets that were open today all closed with losses in the 4%-7% range. It's dangerous to extrapolate - the U.S. market is so big that it tends to lead rather than follow. Still, the signs are pointing to a big loss tomorrow. I'll guess a 6% loss. That would put the S&P 500 down about 80 to 1,245 and the DJIA down about 725 to 11,375.
Needless to say, if it actually happens that way, it will be quite a memorable performance. |
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Cassius
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up by one trillion. Seriously though I think you and I know the answer to it. The futures are at 11.560 for the dow. |
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MM
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The stock market futures being traded today, say they it will open about 4.5% down tomorrow. |
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Raj m
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No one knows.. this is bull market.. may be up may be down,..
No prediction... about this.. one day could be 1000 poit down... may be other day 1500 up ... |
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