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View Full Version : Economics What will the DOW do this coming Monday? You predict !!


Chiefshrink
08-06-2011, 01:43 PM
With our recent downgrade to our nation's credit, it begs the question what will the DOW do this coming Monday? Has the market already adjusted to this news with the 513 pt drop this last Thursday or is this just the beginning of a severe downward economic spiral of the DOW?

BigChiefFan
08-06-2011, 02:51 PM
I think they'll show a slight increase, only to see them decide to pull the rug out from underneath us within the next couple of weeks. Then I think it plummets, so they can get the free tax payer money again.

Ace Gunner
08-06-2011, 03:04 PM
ya, pretty much. they have all weekend to fabricate a mild boost.

banyon
08-06-2011, 03:27 PM
The debt downgrade was expected.

More eyes are on Europe as to where the market is going.

HonestChieffan
08-06-2011, 03:32 PM
off 200, waller around up and down all day...prob be off over 100 at close

Stewie
08-06-2011, 03:33 PM
It will rise. The downgrade will be offset by news of QEIII and the PPT is in full check-writing mode.

Bewbies
08-06-2011, 03:35 PM
The debt downgrade was expected.

More eyes are on Europe as to where the market is going.

No it wasn't. Obama told us we staved off disaster by giving him a few trillion more to blow.

banyon
08-06-2011, 03:36 PM
No it wasn't. Obama told us we staved off disaster by giving him a few trillion more to blow.

I mean it was expected by the market.

Geithner looked like a dope on TV saying it wasn't going to happen hours before it did.

Bewbies
08-06-2011, 03:43 PM
I mean it was expected by the market.

Geithner looked like a dope on TV saying it wasn't going to happen hours before it did.

Geithner always looks like a dope.

HonestChieffan
08-06-2011, 03:47 PM
Dont think it was at all expected by the market. And QE3 was seen as a talking point that would very likely not happen....


Obamas boys have dealt the country a double body blow on this one.

Chiefshrink
08-08-2011, 09:14 PM
Hey who were the 3 that guessed 500 pts or more today? Forgot to make the poll public. My bad!!!:banghead:

I guessed 400 to 500.

Kudos to those 3:thumb: