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Tomorrow's stock market.... What do you think it will do?

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snowbear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 03:11 AM
Original message
Tomorrow's stock market.... What do you think it will do?
.
.

I sure hope the market goes UP tomorrow and doesn't continue its downslide...



-snip-

- Tuesday, Feb. 17, 2009

It is likely that investors will be reluctant to bet on nascent signs of improving credit so long as the housing market remains in turmoil. On Wednesday morning President Obama and Treasury Secretary Timothy Geithner will appear at a high school in Arizona to unveil their new plan to stem the tide of housing foreclosures.

The financial community's response to that plan will likely be writ large in the stock market averages by late morning.



Story- http://www.time.com/time/business/article/0,8599,1880209,00.html

*** Please Chairman Geithner, let President Obama do the talking this time! ***

-

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Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 03:19 AM
Response to Original message
1. i'm gonna guess a slight gain under 20.... eom
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 03:43 AM
Response to Original message
2. UP! Big time. Financials and blue-chip tech.
:-)
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snowbear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 04:23 AM
Response to Reply #2
3. I hope you're right....
.
.

My 401K looks like a 20... something or other.....


Maybe I should buy some gold?


--

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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 04:28 AM
Response to Reply #3
4. Gold is so pre-New World.
Silicon is where it is at.

(And banks!)

My best bet is that the Dow ends up +225 and the Naz about +60.





And now for the fine print...


Just guessing. Not financial advice. No bank guarantee. My cat's breath smells like cat food. February is the shortest month of the year. Bake for 30 minutes at 350 degrees Fahrenheit.



Stay warm, snowbear!

:D
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 11:44 AM
Response to Original message
5. Its up from 7480 low.....
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