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What will the closing Dow Jones industrial average be on Monday?

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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:12 PM
Original message
Poll question: What will the closing Dow Jones industrial average be on Monday?
Edited on Sat Aug-06-11 09:14 PM by Newsjock
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:49 PM
Response to Original message
1. Up. By who knows how much. Nt
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Joe the Revelator Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:59 PM
Response to Original message
2. Up. A downgrade from SP has been priced in.
The day will start down while the idiots panic, but will end slightly up now that the uncertainty is gone.
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 12:18 AM
Response to Reply #2
7. Maybe it is, but we also have the European crisis.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1678316


From Bad To Far,Far Worse-Germany - Italy's Too Big For EFSF To Save,Refuses To Carry Bailout Burden
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quiller4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 01:52 AM
Response to Reply #2
9. True and a few institutional investors will jump from the Treasuries
they bought up last week to under priced blue chip stocks. Some very good stocks are WAY underpriced now.
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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 10:07 PM
Response to Original message
3. Still too high n/t
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 10:27 PM
Response to Original message
4. I think there will be a big drop on the opening but it will rebound pretty quickly and end neutral.
Maybe lose a few points, maybe gain a few. But overall at the end of the day not much will have happened. I look to wednesday as a good day and thursday better yet.
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 10:47 PM
Response to Original message
5. It Will Be An Up Market And The Teabaggers Led By Bachmann........
will say - see - we're still here - all hell didn't break loose. We shouldn't have raised the debt ceiling.
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 10:53 PM
Response to Original message
6. I think it'll be flatish, but end upish. I also don't think it's an accurate indicator of
anything whatsoever.
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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 01:09 AM
Response to Original message
8. I see it closing Monday between 10,800 and 10,700.
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Joe the Revelator Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 02:03 AM
Response to Reply #8
10. What's that prediction based on.
It ain't happening.
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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 03:25 AM
Response to Reply #10
11. Herd instinct
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AlabamaLibrul Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 03:03 PM
Response to Reply #10
13. 10,811.... Pretty damn close (nt)
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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 03:02 PM
Response to Original message
12. Looks like the DU collective wisdom was spot on
Not that it was terribly difficult in this case.
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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 03:04 PM
Response to Reply #12
14. I was off by a few points.
Edited on Mon Aug-08-11 03:08 PM by MilesColtrane
Wish I wasn't though.

Now we get to see if the foreign markets continue the contagion.
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