DOW may be headed under 10,000 before year's end

[Hotdiggity11]

He said by years end, has to lose 2k in 9 weeks.

Excluding another Lehman Brothers catastrophe, you can mark that down as a no go.

[andywend]

Shorted the DOW in late June

Is that a pictorial view of whats happening to your profits? I know, I know, you covered your short at the end of September.

[BigdaddyQH]

The fact is that Wall Street makes millions and no one can do anything about it. They can manipulate the market any way they see fit. If they want it to go up, they just pump a little money into it, and the masses follow suit. If they want it to go down, they do the opposite. With the advent of online trading, and overnight trading, this becomes easier and easier to do. It is all about manipulation and nothing more. How many times have you seen the market go up after bad economic news and down after good economic news?

[MartinBlank]

Another brilliant prediction by Fish.

[wantitall4moi]

LMAo another great one, where are all the geniuses who wer bashing me? Wife's 401K is up now to more than it was pre 'crash". Just shows hhow the market is manipulated. People who made big moves and changed tactics probably are still buried. we kept the same course and her portfolio has shown a 4% increase overall for the year, before this is was like 2.2%. So since this 'catastrophe' struck she has doubled her returns. Obviously had the setback not occurred and it just kept getting rolled over the gains would be more. But that is the nature of it, and how they keep people from turning their 200 bucks every couple of weeks into too much money after 20 years. Dow is actually higher than it was right before the 'collapse'. And it is over a thousand points higher than it was a year ago at this time. Market is a roller coaster these days no rhyme or reason to it. But usually it is gradual ups and downs, this past 4 months or so has been a lot of steep ups and odwns. But for the most part caused mostly by panic to people who are invested that cant afford to lose anything. So it is a lot like a degenerate betting his rent money on a game and losing. He goes into a tail spin.

By the time May and June roll around next year the Dow might be touching on 15K again. Gas will be down to 2 bucks a gallon and theyll have all sorts of good news for everyone. Thats how it works.