[sourcery]

As a market analyst/trader, here’s my prediction: It falls below 10k tomorrow or Friday. Then rises back above. Then falls below 10k again in September. After that, it probably won’t be back above 10k until early 2011, at the earliest. Of course, it could spend many years below 10k. We’ll see.

[E. Pluribus Unum]

As a market analyst/trader, here’s my prediction: It falls below 10k tomorrow or Friday. Then rises back above. Then falls below 10k again in September. After that, it probably won’t be back above 10k until early 2011, at the earliest. Of course, it could spend many years below 10k. We’ll see.

Time to sell short?

[highlander_UW]

As a market analyst/trader, here’s my prediction: It falls below 10k tomorrow or Friday.

Perhaps you can answer a question I've wondered about. Like the OP I've noticed that it looks like someone has been trying to manipulate the market to get it above 10k and keep it there. When it was below there wasn't sufficient good news to drive buyers to the market, at least not that I saw. If that is correct, what mechanism are they using to prop it up? Obviously Soros has enough money to play the market that way, but he seems to high profile and he doesn't strike me as the type to risk his money that way just to make Obama look good.

[rushmom]

Where does one put retirement money?

[SVTCobra03]

My prediction is that when the GOP takes the House in November the DOW will go above 11,000 by next spring. Of course, I think I will win the lottery too.

[SampleMan]

I've been looking at this and thinking that the rally, as it was, was driven by the false assumption that all recession last ~18 months. Thus, the “smart” money started betting on the come, which hasn't materialized.

I think a solidly negative (double dip) number, will trigger a selloff to 8000-8500.

I think it would then trail lower, except that the Dems will lose a majority in November. This won't lead to a rebound, but I think it will create a floor.

I've been out of the market (except for Gold) since July 2008. I think I'll start getting back in at around 8500 depending on market momentum.

[rambo316]

Yet if it was a Bush presidency, the RATS would be talking down the market like there is no tomorrow; the markets are fixed. Look not too far back see what Schmuck Schumer did in causing all the hysteria when the markets plunged at the end of the Bush presidency. Another thing, all during the Bush presidency, we heard all the time why gas prices were so high. In all the summers, gas prices always spiked and it was called “supply and demand” and it was also called Bush’s fault. Where I live, that is what was said. All we have done this summer is see gas prices plummet day after day and I see quite a few filling up their cars for trips. It was manipulated while it was going up during the Bush years but now, the powers that be, are letting the prices fall so Fing idiot in the white house looks good.