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Title: Prediction: Stock market to rally at least 500 points on Wednesday
Source: [None]
URL Source: [None]
Published: Nov 5, 2008
Author: Me
Post Date: 2008-11-05 00:31:01 by a vast rightwing conspirator
Keywords: None
Views: 1570
Comments: 122

Note: I correctly predicted Obama's landslide, many months ago.

Now, I predict that the stock market is poised to take off unless Double-you does something stupid again or shows up on the teevee and says something (by definition stupid).

Post Comment   Private Reply   Ignore Thread  

Begin Trace Mode for Comment # 106.

#90. To: a vast rightwing conspirator, Wall Street Gurus (#0)

11/6/08

DOW down -255 @ noon, EST.

When added to yesterday's loss, we're talking a total drop in the DOW of app. - 750 or or app. 9% since the selection of the Messiah.

Jethro Tull  posted on  2008-11-06   12:01:20 ET  Reply   Untrace   Trace   Private Reply  

it'll be a blood bath in Asia tonight and tomorrow will be be Black Friday.

Folks eventually this thing is gonna zero out...count on it.

Lady X  posted on  2008-11-06   13:56:41 ET  Reply   Untrace   Trace   Private Reply  

Tomorrow being Friday, it will be interesting to see what bank or banks get closed by FDIC.

Cynicom  posted on  2008-11-06   13:58:18 ET  Reply   Untrace   Trace   Private Reply  

Tomorrow being Friday, it will be interesting to see what bank or banks get closed by FDIC.

Whichever ones the elite want to consume.

I would expect a dead cat bounce somewhere around or below the 8000, possibly around 7500, mark followed by it nosediving again.

Original_Intent  posted on  2008-11-06   14:03:28 ET  Reply   Untrace   Trace   Private Reply  

The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.

Kamala  posted on  2008-11-06   16:51:13 ET  Reply   Untrace   Trace   Private Reply  

#107. To: Kamala (#106)

The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.

I would not be surprised to see that. I regularly check the local Craigslist under the "businesses for sale" section, just to get a feel for what is going on locally. I have never before seen so many "going out of business" "liquidating inventory" "closing up shop" "quitting the business" "take over my business for CHEAP" listings ever before, ever. Most in the retail trade would be at least trying to hang on through the holidays, since traditionally the last two months of the year are the best months for income. I can only imagine what it's going to look like come early 2009. Hooo boy. It's bad folks, it's really really really bad out there.

Elliott Jackalope  posted on  2008-11-06 16:58:16 ET  Reply   Untrace   Trace   Private Reply  

The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.

Expected to be 6.3%.

I saw Dodd interviewed on CNBC today. His face was Bender Red. He must be auditioning for Teddy Kennedy's position as resident drunk.

Jethro Tull  posted on  2008-11-06 17:02:15 ET  Reply   Untrace   Trace   Private Reply  

The jobs report comes out tomorrow. The job losses for OCT are supposed to be staggering. I've read 200,000 plus.

That should do "wonders" for the Bond Market.

Original_Intent  posted on  2008-11-06 19:47:17 ET  Reply   Untrace   Trace   Private Reply  

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