This is an anonymous, 7-day poll.
Dow 10K or 12K ???
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I see now the voting has started to favor one side.
Personally, I voted for 12,000 before 10,000, just 'cause I think this correction's nearly run its course, and the Fed will finish tightening before the Dow loses another 700~800 points. And when Bernanke says, "Read my lips, no more rate hikes," the Dow will take off and won't look back for a while.—Rob
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i'm with ya rob
Originally posted by RobI see now the voting has started to favor one side.
Personally, I voted for 12,000 before 10,000, just 'cause I think this correction's nearly run its course, and the Fed will finish tightening before the Dow loses another 700~800 points. And when Bernanke says, "Read my lips, no more rate hikes," the Dow will take off and won't look back for a while.
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Originally posted by RobI see now the voting has started to favor one side.
Personally, I voted for 12,000 before 10,000, just 'cause I think this correction's nearly run its course, and the Fed will finish tightening before the Dow loses another 700~800 points. And when Bernanke says, "Read my lips, no more rate hikes," the Dow will take off and won't look back for a while.BEEF!... it's whats for dinner!
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Lets see what happens when it hits 11183.92 (interday)
Dow Jones Industrial Average High = 11670.19 (interday) on 5/8/2006
Dow Jones Industrial Average Low = 10698.85 (interday) on 6/14/2006
This is a drop of 972.34 points.
A 50% retracement off the bottom is 486.17 points or 11183.92 (interday)
As of 14:54 Eastern time today, the (interday) high was 11,131.73
Tim - Retired Problem Solver
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A Look Back
Let's take a little walk down memory lane ...
Originally posted by Lyehopper View PostI voted 10k before 12k....Originally posted by New-born baby View PostYeah, I know; you don't like my opinion. But I have an idea you'll see 8300 Dow by October 30.Originally posted by gerihearne View Posti voted 10k, too ... i got swept away by rob's positive thinking ... i hope it prevailsOriginally posted by Websman View PostI see an 8300 DOW as a real possibilty. For once I must agree with you Newbornster...Originally posted by Jim Smith View PostWhere is the bottom? My guess is it's somewhere in between those numbers [8k & 9k].
—Rob
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