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tonights DOW futures
Old 10-12-2008, 07:05 PM   #1
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tonights DOW futures

I just took a look at tonight's DOW futures, but first I had to grit my teeth. To my surprise they were up 284. Not that means anything because by tomorrow AM things can change quick.

Did make me feel better though.
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Old 10-12-2008, 07:07 PM   #2
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Me too. At this point, I'll take any good news.
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Old 10-12-2008, 07:08 PM   #3
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The few Asian Markets now trading are up too!
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Old 10-12-2008, 07:10 PM   #4
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Australia up 5.5% at the moment.
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Old 10-12-2008, 07:13 PM   #5
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It's over!!

Rain dance, anyone?
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Old 10-12-2008, 07:15 PM   #6
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I'm running around trying to find a piece of wood to knock on...........
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Old 10-12-2008, 07:18 PM   #7
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Maybe I will sleep through the whole night.
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Old 10-12-2008, 07:46 PM   #8
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US$ down - a little confirmation - people not looking for security
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Let's hope
Old 10-12-2008, 08:44 PM   #9
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Let's hope

That it is not another dead cat bounce, bear trap, fools rally etc. etc.
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Old 10-12-2008, 09:02 PM   #10
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I just took a look at tonight's DOW futures, but first I had to grit my teeth. To my surprise they were up 284. Not that means anything because by tomorrow AM things can change quick.

Did make me feel better though.
That's not surprising to me at all as I read over the weekend that 15 european nations have agreed to help the banks in addition to Britain giving billions to the banks. I expect a good week followed by 2 questionable weeks followed by a huge week after Obama is elected. I think it's very possible to be over 10,000 DOW by Nov. 7th's close.
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Old 10-12-2008, 09:03 PM   #11
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Nooo! I'm not ready yet! I need a couple more days.
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Old 10-12-2008, 09:05 PM   #12
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I was listening to some money talk radio when driving yesterday, and he said - can't remember his name, that the big drop last week was because 1/2 of the hedge funds opened their doors last week for selling and all of these school districts, governments, etc, sold their pension investments. I Can't remember when he said the other 1/2 are scheduled to open the opportunity for the year.
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Old 10-12-2008, 09:09 PM   #13
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You mean the end of the world could have come and gone?
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Old 10-12-2008, 09:09 PM   #14
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That's not surprising to me at all as I read over the weekend that 15 european nations have agreed to help the banks in addition to Britain giving billions to the banks. I expect a good week followed by 2 questionable weeks followed by a huge week after Obama is elected. I think it's very possible to be over 10,000 DOW by Nov. 7th's close.
With all due respect, it's amazing how you have it down week by week. What do you base this info. on? If there's one thing I've learned is that I don't have a clue what's going to happen.
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Old 10-12-2008, 09:22 PM   #15
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Here is why futures are so positive:
Europe Offers Bank Support to Halt Financial Meltdown Bloomberg.com: Worldwide

Audrey
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Old 10-12-2008, 09:24 PM   #16
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With all due respect, it's amazing how you have it down week by week. What do you base this info. on? If there's one thing I've learned is that I don't have a clue what's going to happen.
This upcoming week I expect a good upswing because of the announcements of all those other countries helping fund the banks and just because it went down too much last week that there has to be a correction. The next two weeks i'm not too sure but expect them not to be too bad then the week after that is when Obama gets elected(probably) and that should result in a massive upswing of perhaps over 1000 for the DOW during election week.
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Old 10-12-2008, 09:29 PM   #17
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Nooo! I'm not ready yet! I need a couple more days.
Me too! I'm not done buying yet. Wait a couple months before rocketing back up!
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Old 10-12-2008, 10:03 PM   #18
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Didn't CFB call the bottom here? Calling the bottom!
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Old 10-12-2008, 10:13 PM   #19
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Don't forget people will be selling into these rallies. It will take some before to those people get out of the market.
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Old 10-12-2008, 11:18 PM   #20
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A sustainable stock rally requires that the housing situation be solved.

Does anyone believe that the real estate market is turning around?
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