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What's your prediction on the stock market tomorrow

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madville Donating Member (743 posts) Send PM | Profile | Ignore Tue Feb-24-09 10:15 PM
Original message
What's your prediction on the stock market tomorrow
Just curious what everyone's guess is. I don't have any money in there after some losses ten years ago but I know my dad is down hundreds of thousands, he said the other day "oh well, I like working anyway". I think this week it goes <7000 and stays for awhile.
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NeedleCast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:16 PM
Response to Original message
1. 12700
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:16 PM
Response to Original message
2. it should start out with a bang
Edited on Tue Feb-24-09 10:16 PM by spanone
we'll see what the foreign markets do in the am
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Mari333 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:17 PM
Response to Original message
3. well lets see, obama wants to tax the top 2 percent
wonder if they will punish everyone...
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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:18 PM
Response to Original message
4. Level or up. This "pump and dump" event is over.
Now we get to wait for the next Global Money Laundering Event.

They should be coming somewhat fast and furious now, relatively speaking.

Maybe another in May. Who knows when? Reinhardt does.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:18 PM
Response to Original message
5. on the financial scrolls it looked like stocks are going to go up
the over seas markets are going to be interesting
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:23 PM
Response to Reply #5
11. so far, asia seems to have liked what it heard...
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:25 PM
Response to Reply #11
13. looking good from the asian markets and time will tell....
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:18 PM
Response to Original message
6. Futures ain' working
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:20 PM
Response to Original message
7. SSDD ... nt
dp
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rwheeler31 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:20 PM
Response to Original message
8. Woo Hoo
The public is not betting on Wall Street.
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:21 PM
Response to Original message
9. i think that depends a GREAT deal on what bobby jindal has to say...
:rofl:

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AlinPA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:22 PM
Response to Original message
10. Performance of corporations have not changed. The market will not respond
to a speech.
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maseman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 10:24 PM
Response to Original message
12. Dow Futures right now are flat
Futures don't really predict where the market will end the day tomorrow but it is at least nice to start flat or up rather than down 100 points.

I look for the Dow to drop another 500 to 1000 before it hits bottom possibly. If we could see some glimmer of hope in selling a few houses or companies slowing down layoffs in the Spring maybe that will help the market rebound a bit. I would take a nice three year growth of the Dow back into the 9,000 to 10,000 range methodically. No bubbles please.

I know it sounds nuts but now is the time to buy stocks or pump money into a 401(k) if you can.
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