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AzNick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 09:23 AM
Original message
Expect a big market rebound
Dow Jones up by 500 points today.

This is my prediction!
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DrDan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 09:31 AM
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1. why would you say that?
You are going to be very disappointed.
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AzNick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 09:38 AM
Response to Reply #1
2. It's down now .... but it will come back
Why do I say that? Because of the overall positive feeling about this election.
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DrDan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 09:39 AM
Response to Reply #2
3. good feelings from the Dems
but - where does a majority of the investment money come from. Ain't from the Dems.
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 09:41 AM
Response to Original message
4. The market has already had a big rebound from its Oct 10th low--
about 20+%. I think the next move will be drifting down until Obama's Cabinet picks start to come out
and the Wall Street types are reassured that he's not the guy McCain/Palin were describing.
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lakeguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 09:48 AM
Response to Original message
5. nope.
market already priced in an obama win yesterday. buy the rumor, sell the fact.
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-08 05:53 PM
Response to Original message
6. Well, you got the points right--but the direction wrong.
I still say we'll see downward drift until Obama starts naming his Cabinet and it calms
the Wall Street types.
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