Either up or down. Or flat.
Mark my words. ;-)
Actually in all seriousness I don’t expect we’ll have big drops on some days...and some rises...I think overall the markets will be relatively flat as a trend but with a lot of day-to-day volatility.
Amazing the amount of $$ of computer, staff, and software running tabs 24/7 to help the money movers pick their positions; and then there's last night's cocktail socials where things were said, not said, etc. Think of the movie "Working Girl" with Melanie Griffith. LOL!!
I just wanted to see the typical responses (up, down, flat) LOL!!!
So just what is Bernanke going to say to Congress today? I'm sure the spin will be slightly positive with a 'great deal of caution'.
He, he. That made my day.