will the djia exceed 10,000 by the end of summer? (user search)
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  will the djia exceed 10,000 by the end of summer? (search mode)
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Author Topic: will the djia exceed 10,000 by the end of summer?  (Read 2309 times)
Fmr. Pres. Duke
AHDuke99
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Posts: 24,161


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E: -1.94, S: -3.13

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« on: May 12, 2009, 02:55:54 PM »

We might stick around 8500 before taking another short term dip. I'm not sure if I should cash out soon or stay in until August. The money I have in the market isn't any that I actually need anytime soon, so I may just go long on my financials assuming we don't nationalize them all.
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Fmr. Pres. Duke
AHDuke99
Atlas Star
*****
Posts: 24,161


Political Matrix
E: -1.94, S: -3.13

P P
« Reply #1 on: May 12, 2009, 10:11:47 PM »

Spade has been pretty accurate on his prediction so far. He predicted we'd rally to S&P 900 to 1000 back in March. We have some people claiming we are now in a bull market and other saying we are looking at an overbought market primed for a pullback, possibly to test the lows of March. We'll just have to wait and see what happens. I don't know whether to cash out and wait or just go long.
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