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To: softwarecreator
I am terrible at the markets. However my IQ is relatively high. (163+ one one scale) My strength is(was) in pattern recognition. If I had to guess I would say that based on the graphs, unless someone intervenes, the Dow is going to drop big, very soon.

Bottom out around 9K (+ or - a couple of hundred)then start going up and down again from there.

I'm most likely wrong...that's why I don't play the markets, LOL!

prisoner6

56 posted on 05/20/2010 8:12:36 AM PDT by prisoner6 (Right Wing Nuts are holding The Constitution together as the Loose Screws of The Left come undone!)
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To: prisoner6

My prediction is the stock market will sink like a stone. There will be in between these times periods of growth as bargains become available in stocks but that will not continue. I predict the dow is on a declination and probably will continue as long as our economy remains sluggish. It may also be that the dow is now reflecting not only what is happening in Europe but also taking into account our national debt and the unsustainability of the government spending more huge amounts of money that they do not have and must instead borrow.


63 posted on 05/20/2010 8:17:23 AM PDT by Ev Reeman
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To: prisoner6
I am terrible at the markets. However my IQ is relatively high. (163+ one one scale) My strength is(was) in pattern recognition.

If you're as strong at pattern recognition as you say, you might investigate candlestick charting. Some people swear by them and the numerous patterns that repeat.

Maybe you already looked into it. If not, get a book on it and do some "simulated" investing for a while. If it works for you, then go with real money -- and PM me when you do! :)

64 posted on 05/20/2010 8:19:57 AM PDT by kevao
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