So Which way is The DWJ Going to go Today...

[rsmith6621]

plus.....minus...100....200........

[Uben]

1. Hopefully...up!

I will be making a few buys if it trends up early.

[Xenotime]

2. Down. You are going to see 12,200 today

Our economy is over.

[Xenotime]

7. Ha. even worse than I though.

Get out now if you can.

[Warpy]

3. They got all the bad news yesterday

so my guess is that it will either take a baby step up or a baby step down.

In any case, I expect the bears to be out in force until Stupid and his gang of thieves are gone and for some time thereafter.

[MilesColtrane]

4. My closing prediction: 12,275

[earthside]

5. One of these days ... 1000 point drop

I heard on the CBS radio news this morning the report about confidence in the economy being very gloomy among more and more citizens. They played a sound clip from a woman who has a gourmet food shop in New Jersey. She said sales for her have been half what they used to be -- she doesn't not have a 401K to fall back on, no savings, no safety net of any kind; she said that if business doesn't pick up now, she will be out on the street in six weeks.

Well, sorry for her but she's going to be out on the street. Most Americans are just like her! They do not have any savings! If they do have a 401K it is full of stocks that are going to be nearly worthless.

So, we are in for a depression-type economic crisis. One of these days, it is going to dawn on the stock market speculators that the whole U.S. economy is a house of cards built on the shifting sand of massive debt. On that day they are all going to bail and ... actually we'll be lucky if the DOW only drops a thousand.

[Atman]

6. Down. A lot.

.