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24 October 2009, 06:15 AM | #1 |
Member
Join Date: Sep 2009
Real Name: brad
Location: il
Watch: 16613
Posts: 286
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Dow back under 10k.
Anyone think we finish off 09 with the dow above 10k? I was a little surprised we broke through recently. I guess the low expectations for earnings and the free printed money for banks and bailouts everywhere temporarily was used as a bandaid.
Anyone think we see 9500 or 10500 first on the dow? I'm thinking we may drift down to the 97's this next week. I need to re-examine a few new picks and see what a good price to go long will be and where to average down. Hedge's are still ruling this market. What initially looked like a lazy up day with home data this morning, ending up working it's way to a meltdown for a day. |
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