How many points will the Dow Jones drop tomorrow? (Extreme Vanity)

[Echo Talon]

Just wondering everyone's thoughts on the markets tomorrow and how much you think it will drop(or gain)

[jdm]

If the Dem's win both the House and Senate, the market will probably have to shut down for a week, like after 9/11.

[Echo Talon]

The finance people want deadlock in the legislature, in other words, an even split. It means there won't be any big changes to mess with the economy.

What happens if they take the House ans Senate?

[jdm]

If they take the House and Senate I think will see at least 100 point dip.

IMO, 100 point drop is not nearly steep enough. We have had (not terribly long ago) 100 point drops here and there anyway. And that's with no bad news!

[kittymyrib]

The "little people" who hate "the rich" don't need that steenkeen stock market. What the class hustlers forget is that the rich don't have to live in the US, and when the taxes get too high, they can live in Costa Rica or El Salvador. Talk about killing the golden goose. This is what is happening in Germany today, leaving the dependent class wondering who is going to pay for all the socialist programs they've voted for themselves.

[Echo Talon]

should be interesting to see tomorrow.

[bvw]

A vote to make us stronger and wiser
Comes in a night seen as a bloody defeat

Yet a victory for the deluded
Feeds delusion and weakness

[M-cubed]

Dont worry about it..Its a managed market...We'll ride the "Fiat Dollar" into the ground....(see tag line)

[Echo Talon]

I'm not a "market guy" but after actually thinking about the dems controlling both Houses I was wanting everyones opinions..

[Michael81Dus]

Wow, you were exactly right!!

(Dow Jones closed on an all-time high)

[Echo Talon]

Ok time for me to eat crow I guess... I predicted a "100point AT least drop" Maybe the old saying holds true "buy on the sound of bombs and sell on the sound of Trumpets"... actually it was pretty flat..

Day Before Election

Day After Election

[Echo Talon]

Day Before The Election(Positive news favoring (R)'s)

Day After Election(Tiny hope (R)'s Would hold Senate)

Thursday (2 days after, WE KNOW THE DEMS HAVE POWER)

[Echo Talon]

look at post 31

[syriacus]

It will be interesting to watch what happens. Thanks for posting these.

[Echo Talon]

I take a screen shot from fox News webpage each day and crop it... I will try to remember tomorrow..

[Echo Talon]

here ya go from to Friday

Looks like the market has simmered down, lets wait and see what happens when we start hearing about tax hikes, environmental penalties etc.

[syriacus]

Looks like the market has simmered down

Yes.