Any bets on what the markets will do today?

[WilliamPitt]

Business as usual? His master's voice?

What do you think?

Quickly now. The shit is en route to the fan.

[aikoaiko]

1. I predict drop, rise up but not all the way, and level off 1.5% down at the end of the day.

[MannyGoldstein]

2. Down 3%, will recover somewhat tomorrow

Even if the US technically defaults, everyone expects that the bills will be paid, so ultimately things will not drop too much. And the Predator Class that owns must securities knows that they are the big winners in all of this.

[Raven]

3. -200 today. Not a total collapse but the beginning of one. Brinkmanship

is being practiced on both sides. Having said that, I think that if the markets don't begin to slide today, we can assume that the fix has been in for awhile and all of this last minute stuff has been for show.

[tweeternik]

4. Dow drops at least 250 points today, imho. n/t

[FreakinDJ]

5. -1%

[aikoaiko]

10. Winner. Winner. Chicken Dinner.

But I was close.

[FreakinDJ]

11. Thank You

Even CNBC's Cramer is going off about the "Hyperventilating" over the Asia Markets

But then he went completely over the deep end with "Washington has had nothing but contempt for Wall St".

:rofl:

[dipsydoodle]

6. Worries over US roil bond markets

http://www.londonstockexchange.com/exchange/news/sharecast/news-detail.html?newsId=4385493


and U.S. Stock Futures Down on Lack of Debt Deal http://www.bloomberg.com/news/2011-07-25/u-s-stock-futures-decline-after-lawmakers-fail-to-reach-debt-ceiling-deal.html

[Ian David]

7. This...

http://youtu.be/OyGT1TB0gXY?t=15s

[Raven]

8. DOW down 144 in first 15 minutes of trading.

[ThomWV]

9. It will drop 1500 points this week, and will rebound over the course of three days next week.