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    All Forums | Investments

    When does the DOW get to 9,000

    VirginiaHoldem2
    claycourtlesson
    FriedShrimp
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    VirginiaHoldem2
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    Posted: Jun. 6, 2009 - 8:16 AM ET #1

    Right now it sits at 8,763.

    9,000 is only a 2.7% gain.

    I'm thinking if not this week then the week of the 15th.

    I expect the better than expected card to continue to be played out for all of June until earnings come out in July and then we'll get a real idea of what is going on.


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    Right now it sits at 8,763.

    9,000 is only a 2.7% gain.

    I'm thinking if not this week then the week of the 15th.

    I expect the better than expected card to continue to be played out for all of June until earnings come out in July and then we'll get a real idea of what is going on.


     
    VirginiaHoldem2
    VirginiaHoldem2
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    Posted: Jun. 6, 2009 - 8:35 AM ET #2

    Actually maybe the real question should be when does it get to 10,000


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    Actually maybe the real question should be when does it get to 10,000


     
    claycourtlesson
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    Posted: Jun. 6, 2009 - 8:36 AM ET #3

    Could get run during June expiration week-----and I'll say this especially if treauries get clobbered this week during all the offerrings---massive supply getting dumped on the market-----and if China doesn't buy, who the f--k will?
     
    But it comes down to what the big money boys like Soros want-----they want market up, they have the firepower to scare the shorts and make it happen.
     
    To me---a trader's market-----try to eek out some gain, take money and run.  Anything else is too hard unless you have inside info.  This game is for the elite-----the little guy can make a few coins here and there, but it isn't going to be consistent-----won't be allowed by the powers that be.
     
    Way it is, man.....don't ever think about quitting your day job.
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    Could get run during June expiration week-----and I'll say this especially if treauries get clobbered this week during all the offerrings---massive supply getting dumped on the market-----and if China doesn't buy, who the f--k will?
     
    But it comes down to what the big money boys like Soros want-----they want market up, they have the firepower to scare the shorts and make it happen.
     
    To me---a trader's market-----try to eek out some gain, take money and run.  Anything else is too hard unless you have inside info.  This game is for the elite-----the little guy can make a few coins here and there, but it isn't going to be consistent-----won't be allowed by the powers that be.
     
    Way it is, man.....don't ever think about quitting your day job.
     
    FriedShrimp
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    Posted: Jun. 6, 2009 - 1:19 PM ET #4

    3-5 Business Days
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    3-5 Business Days
     
     
    FriedShrimp
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    Posted: Jun. 6, 2009 - 1:37 PM ET #5

    Have there been any signs of slippage whatsoever?  I'd ride this wave.  
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    Have there been any signs of slippage whatsoever?  I'd ride this wave.  
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