What is more likely to happen sooner? Dow above 13,750 or Dow below 11,000.

[Nascar_Bobby]

I know there is a great deal of factors that will go into this.

Here is what I believe.

1. It seems when the Dow goes up, then gas prices go up which bring the Dow down.

2. 2012 first quarter earnings are out performing low ball expectations.

3. 2012 first quarter earnings could have been triggered by huge tax refunds from very low income people. I strongly believe minimum wage workers are getting around $8,000 in tax refunds if they have dependants.

4. QE3. I wish I could print my own money to support my dept.

I just have to believe the economy is just going to get worse and we are going to see the Dow below 11,000 before it is above 13,750.

 

[take2amphittoright]

It is a shame that the Nasd. comp. can't hold 3000 and the S&P 500 can't hold 1400.

 

[MattyMatt]

It is a shame that the Nasd. comp. can't hold 3000 and the S&P 500 can't hold 1400.

It is a shame, but at least they did give a 18.96% and 12.59% return Q1 though.

But, I still think Nascar_Bobby hit it on the head though. Down we go.

 

[take2amphittoright]

Watch to see if IBM can hold $200.

This is going to be interesting.

 

[deadmoney72]

12426.79*+57.41‎ (0.46%‎)*


If Obama gets re elected below 11,000


Figure it will grind between 12,250 and 13,250 until after the election.

 

[take2amphittoright]

The next downtick in IBM and it takes everything else with it.

 

[Nascar_Bobby]

I think Bernanke is trying to tell us, we can keep printing money but U.S. earnings will not go up until the government starts changing. I believe we are still going down to 11,000.

 

[take2amphittoright]

The question now is...

Is there life in the S&P above above the 1340 range??

 

[take2amphittoright]

S&P 500 holding

strong above 1340..if IBM can tick above $200 the market should hold strong.

 

[mokoman]

After election prices will sky rocked on gas ,food.Get ready for the depression,if you cant see how your spending power is weaker then something is wrong.

 

[take2amphittoright]

After election prices will sky rocked on gas ,food.Get ready for the depression,if you cant see how your spending power is weaker then something is wrong.

No, Bernanke will pull out all stops before that will happen. He has more tricks up his sleeve.

 

[SmallDaddy]

Dow 13750

 

[SmallDaddy]

Almost there

 

[Nascar_Bobby]

I think I am starting to see the light. I should just stick to NASCAR.

 

[SmallDaddy]

dow 13750

winning!!!

 

[SmallDaddy]

winning!!!

Dick Morris would be proud

 

[SmallDaddy]

38 more points to go!!!

Dont fail me now!!!

 

[SmallDaddy]

Whoop there it is!! Whoop there it is!!!

Thread closed!