Market predictions?

[busymom]

On the news that the republicans are now stalling the bill that the ...republican president put forth and the democratic congress has gotten behind :crazy: what are your predictions for the market?

I think overall tomorrow we will close down between 400-500

:nuke:

[grantcart]

1. Down 500 points by noon

already down 133 in futures

[Lochloosa]

13. Optimist

[liberal N proud]

2. ..

:nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke:

[Barack_America]

3. Well, the futures already have it down 130.

So it'll tank 500 easy.

Oops, scratch that it's down 143 now.

So I'll say 1000.

[busymom]

5. where are you able to find this out?

[Barack_America]

9. .

I'm following here:
http://money.cnn.com/data/afterhours/index.html

[busymom]

10. Thanks!

[Critters2]

29. -180 now. nt

[Skink]

4. Get ready for bargains on Monday.

[ddeclue]

6. Down 300-350 for the day. n/t

[DJ13]

7. No more than 300 down

Its been propped up since the housing crisis began, and the government will put out some reassurances a bill will be worked out eventually by late morning if it looks to go down too much.

[MichDem10]

8. -768 - just a guess

[Democrats_win]

11. The communist Republicans are trying to bring it down TO 1066.

You know, the year most of them live in.

[WeDidIt]

12. DJIA will drop 500 in the first hour

Curbs wil be put in place, but it will keep dropping.

Washington Mutual will go bankrupt.

J.P. Morgan will absolutely tank.

Worst day on Wall Street in decades.

[Frank Booth]

30. Washington Mutual already went out of business.

http://www.nytimes.com/2008/09/26/business/26wamu.html?ref=us

[Marrah_G]

14. I would not be surprised if trading was halted before the end of the day

[busymom]

15. So far, the world markets look ok...

color me stupid, but...would they be down a lot if they feared things were falling apart here?

[Kurt_and_Hunter]

18. You're right, they are behaving like we did yesterday...

baited breath.

[Kurt_and_Hunter]

16. Yeah, somewhere in the mid 100s, but a deal can be announced during the day.

So I wouldn't want to predict a close... could be up or way down depending on events.

[TexasObserver]

17. I agree, generally, but want 500-700 down.

There will be a big drop Friday morning, then in early afternoon, as it becomes obvious we will go into the weekend with no deal, there will be a huge sell off.

[Arrowhead2k1]

19. This is fucking scary talk guys.

Any chance that people will keep their cool tomorrow? I guess I just need some encouragement, we seriously don't need this shit right now.

[MUAD_DIB]

21. Just remain calm. The President, I think, has the authority

to suspend trading. Maybe a few bank holidays are in order...

[Critters2]

31. Banks can't be closed more than 3 days in a row.

It's been the law since the depression...to prevent runs and maintain confidence.

[SoonerPride]

20. Trading will be suspended after an 850 point drop

boom

[CK_John]

22. Up 175 after a rough day. The PPT team is at work already. n/t

[BlueIdaho]

23. Down 750 - several trading suspensions throughout the day. nm.

[cottonseed]

24. It goes up!

There's just too many of us thinking it will go down. Those Wall Street crooks will find a way to fleece the little guy.e

[cemaphonic]

25. hammered hard

It ended up today when it was looking like the bailout was going to happen. Bailout was scuttled after market close, so I think there will be an early morning reaction to that. With Wamu on top of that, it's going to be a bloodbath. -500 is probably about right.

[krkaufman]

35. Especially with some hard-core Republicans saying they'd rather see a Depression ...

... than a bailout, the market could be deeply ugly on Friday.

[anigbrowl]

26. Opens down 200, skids to -500 until lunch, then wavers.

[adamuu]

27. that sounds about right. n/t

[adamuu]

36. Looks like i was way, way off. n/t

[Critters2]

28. The pre-market futures are down 180 at this point.

I don't expect much wavering.

[On the Road]

32. Down 200 for the Day

[Neshanic]

33. Drop of 300 out of the gate. PPT corrects to -100. Deal done by close, next day huge gain.

[JeffR]

34. Perfect end to a perfect week, busymom.

Durn near perfect...