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I'm calling it... DJIA +500 on Wednesday.

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GSLevel9 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 09:27 PM
Original message
I'm calling it... DJIA +500 on Wednesday.
Edited on Sun Oct-31-10 09:28 PM by GSLevel9
at the return of their dedicated toadies and protectors...

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virtualobserver Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 09:29 PM
Response to Original message
1. or minus 800
with a surprise dem win
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 09:31 PM
Response to Original message
2. I predict down 400, buy on the rumor.. nt
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 11:00 PM
Response to Reply #2
10. True. They have already assumed a Republican House is coming & that is already "baked in the cake"
as they say.
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 09:49 PM
Response to Original message
3. But the Dow INCREASES under Dems; does anyone KNOW this?
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 05:45 AM
Response to Reply #3
16. Maybe they hate taxes so much, they'd prefer to write off losses...
instead of paying capital gains.

:shrug:
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 09:58 AM
Response to Reply #16
20. 'They' don't, they actually know what they're doing, tho don't like to pay tax.
imo

The professional repugs are the hateful ones, ANYTHING for power.
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geckosfeet Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 09:58 PM
Response to Original message
4. the markets hate uncertainty - one way or another they go up
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 10:03 PM
Response to Reply #4
5. They won't stay up, though...
...not when rumors that the new GOP won't vote for debt ceiling increases.

We may see a down Dow for January, and that doesn't happen often
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geckosfeet Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 10:54 PM
Response to Reply #5
8. Maybe. Think the dji will drop below 11k?
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 05:29 AM
Response to Reply #8
14. I think it likely....
....we're due for a correction anyways. I thought the Dow should be at 8750 when it was at 14,200, and I thought the Dow should be at 8750 when it was chasing 6000. Why change now?
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 10:06 PM
Response to Original message
6. If the repukes take over one or both houses, it won't take long to realize that nothing will get
done, and at this time that would be the worst thing for the economy

As for what the dow will or will not do, it all depends on the manipulators, quant funds, uncovered puts, hedge funds, and flash trade

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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 10:11 PM
Response to Original message
7. DJIA -200 on Nov 3rd
Wall street sells when news is out,
buys on anticipation of news.
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toddwv Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 11:00 PM
Response to Reply #7
9. There will be a Republican bump
Followed in a few months by another Republican induced recession.
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 11:59 PM
Response to Reply #9
12. I think the bump is already priced in
with the recent rally for last 3 months.
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onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-31-10 11:52 PM
Response to Original message
11. another example of why one should not rely on DUers for stock market advice
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BlueMTexpat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 06:28 AM
Response to Reply #11
18. +1000! n/t
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 12:05 AM
Response to Original message
13. Why would the market go up?
The GOP sucks at running the economy. Plenty of graphs to prove it.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 05:43 AM
Response to Original message
15. The Markets Will Be Flat
Edited on Mon Nov-01-10 05:44 AM by DemocratSinceBirth
I remember watching the "markets" when the Senate refused to convict President Clinton of impeachment charges. The "markets" hated impeachment because it threatened a status quo that was working for them; they were making tons of money. When impeachment failed, nothing happened, because it was expected. The markets usually move on unexpected developments; like foreign currency crises, planes flying into buildings, et cetera...
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denimgirly Donating Member (929 posts) Send PM | Profile | Ignore Mon Nov-01-10 06:03 AM
Response to Original message
17. Markets have already taken that a GOP win into Consideration -- so dont expect much
i dont think there will be much movement. It will be up but not by much seeing as how most have already expected the repubs would win big so they already jumped on the bandwagon for months.

However if the dems hold both then u can expect a big drop.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-01-10 08:04 AM
Response to Original message
19. The GOP win has already been cooked into the numbers... if they win, the change will be small

But if Dems win, there'll be a selloff.
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onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 02:44 PM
Response to Reply #19
21. We have a winner!
Also post number 15.

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discopants Donating Member (457 posts) Send PM | Profile | Ignore Wed Nov-03-10 03:03 PM
Response to Original message
22. +500?? you were only 480 pts off.
This thread is so lame. :)
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