Dow Jones To Sink Below 11,000 Tomorrow

[Tebowl]

buckle up ladies and gentlemen, the rest of this year is going to be pretty bumpy.

[beanbag]

hope not

[Emily_Haines]

prolly drop below 10k

[caseyking2]

Damn I sure hope not!!

[SportsMushroom]

unless you are a hedge fund manager or someone who a big chunk of their wealth tied up in stocks, I dont see how the movement of an index will affect your standard of living

[Dark Horse]

Do you have any idea how much money people lost today?

Tomorrow the stock market may take back some territory. Some deals on the table. But the longterm trend is down. Next week should be telling.

[lemart5]

Tomorrow we will end the session down 224

[TheMoneyShot]

It's going to get bad... if you can't feel it... you're numb to Greed.

[TheMoneyShot]

My true estimation of the Dow should be around 9,200... someone inflated the numbers. I didn't.

[obamaismyuncle]

unless you are a hedge fund manager or someone who a big chunk of their wealth tied up in stocks, I dont see how the movement of an index will affect your standard of living

[Monitor-Tan]

What's the Stock symbol for shorting dowjones?

[bamacards]

thought is going under 11k today--down 500+ is bad enough

[Tebowl]

My true estimation of the Dow should be around 9,200... someone inflated the numbers. I didn't.

The market SHOULD be at around 6500-7000 REALISTICALLY but you got some crazy ass investors in the game and tehy gonna get burned bad. I suspect Dow 8500 by December '11. There is no legitimate reason the markets should be where they are which means a correction is in place.

[Tebowl]

I don;t care personally but it's quite unbelievable that they let it get this out of control.

[Boner_18]

You guys are stooges if you are just talking all this. Buy your SPY puts and take it to the bank.

[Monitor-Tan]

What is spy puts?

[Boner_18]

Put options on an ETF that mimics the movement of the S&P, SPY is the ticker. A put option gives you the right to sell a security at a given price, also known as a strike, at a given date.

[TheCentaur]

The market SHOULD be at around 6500-7000 REALISTICALLY but you got some crazy ass investors in the game and tehy gonna get burned bad. I suspect Dow 8500 by December '11. There is no legitimate reason the markets should be where they are which means a correction is in place.

Agree wholeheartedly. Waiting for it to get back to 7000-7500 before I get back in. Where it has been for the last few years is a mirage.

[Tebowl]

You guys are stooges if you are just talking all this. Buy your SPY puts and take it to the bank.

I would but I lose all my money on MLB games.

[Monitor-Tan]

Boner, do you know what the stock ticker is for shorting dow jones? Is it DOG

[FrozenMAN]

eveyrone rips and complains yet when december comes in 2 years, eveyrone will still be drinking that grape koolaid for "change" and vote the dummy in again.....he brought change, fuckin it all up.....AWFUL......just keep blowing KING OBAMA all ya dumb *****....he's RAN THIS COUNTRY INTO THE GROUND!!!

[k13]

-120 up
-120 down

[k13]

-150 now...err...-190....

[Tebowl]

and so it begins.....

[Dark Horse]

Don't forget the plunge protection team.

A mystery bounce in the last hour?

[Tebowl]

Don't forget the plunge protection team.

A mystery bounce in the last hour?

Not this time, old tricks wont work anymore

[denn333]

Keep adding as it sinks toward 7k.

[ACoochy]

eveyrone rips and complains yet when december comes in 2 years, eveyrone will still be drinking that grape koolaid for "change" and vote the dummy in again.....he brought change, fuckin it all up.....AWFUL......just keep blowing KING OBAMA all ya dumb *****....he's RAN THIS COUNTRY INTO THE GROUND!!!

U forget to mention that he inherited an already broken economy from that white pos trailer trash...Nothing anyone couldve done given what he inherited...

[pavyracer]

Look for spring action this morning. It jumps up the first hour to gain some momentum and once gravity kicks in it dives faster than a Stukas bomber over London on WWII.

[ferndog]

If we get below 11k and not get a bounce then we may get down to the area of 9800. I really don't think this will happen though. I think if anything if we go down we will only go down to the 10500 area and bounce back up. This is long term not just today.

[pavyracer]

Look for spring action this morning. It jumps up the first hour to gain some momentum and once gravity kicks in it dives faster than a Stukas bomber over London on WWII.

[Brock Landers]

down 200 again, WTF is going on?

[Tebowl]

This is why I shouldn't gamble on anything. I suck at it. damn things up today who'da thunk it?

[Brock Landers]

wild volatility in this market!

[Tebowl]

wild volatility in this market!

it's 2008/09 all over again! as marv albert would say , "serving up a double dip facial"