EXTREME volatility next week.

Quote from S2007S:

Next week the Dow soars past 11700 or falls below 11k.



1. Lehman brothers, if they don't find any buyer over the weekend this will be a huge problem come Monday morning or if the deal isn't what many expect could also have a negative impact.

2. Concerns over MER, AIG and WM heading onto next week. AIG down over 40% in a single week. Rumor that JPM might by WM etc etc etc

3. Fed meeting on Tuesday. I think a few people think the FED is going to cut rates by at least 25 basis points. I'm sure the possibility is around 50% due to the rise in the dollar and collapse in commodities. If they do cut equties could bounce 2% or more that day. I see no reason for any rate cut.

4. GS earnings. I'm sure they lowered them so much that beating them won't be a problem. As every broker and bank has had a problem, GS seems to be on their own in this wallstreet credit crisis.

5. IKE


Next week brings on EXTREME volatility. I think we could see 150-300 point swings all week. Get ready. Even cnbc will be going on air at 8pm eastern time on Sunday to cover these market moving events, who would have thought. I thought they should keep the info commercials on instead, those seem more important during times like these. :p
More...



and extreme volatility it will be!!!!!


GET READY.....watch the VIX very closely, I would be getting long small positons at ^VIV 36+
 
You must log in or register to reply here.
Back
Top