Predictions?

CalScholar · Feb 28, 2007

What are you expecting from the markets today? A bearish repeat or a bullish stampede?

My thoughts haven't changed since yesterday's close:

Quote from CalScholar:

Try not to dive in the second you see green. After hours profiteers will be dumping against the grain, and those that take the bait will suffer heavy losses. Come 4 pm, the markets will be as red as Communist China.

bluud · Feb 28, 2007

If you are going to listen to me, bearish, so I can make some profit

CalScholar · Feb 28, 2007

Here comes the panic...

CalScholar · Feb 28, 2007

Quote from bluud:

If you are going to listen to me, bearish, so I can make some profit

Well, I listened to you... What was your point?

pamjoey · Feb 28, 2007

up early, down for the day

dwitherell · Feb 28, 2007

Gonna be a bumpy ride today!

CalScholar · Feb 28, 2007

Quote from dwitherell:

Gonna be a bumpy ride today!

Now that's an understatement!

bluud · Feb 28, 2007

Quote from CalScholar:

Well, I listened to you... What was your point?

nothing ... just trying to get more people to believe it's bearish ... :mad:

ess1096 · Feb 28, 2007

Suckers rally early on with a selloff by the end of the day.
I think the DOW will correct to the 11,600 to 11,700 area.
It will take out 11,700 but stop falling before 11,600. Not today of course, but within this correction.
IMHO

ByLoSellHi · Feb 28, 2007

We'll see a 10% correction. Easily. Maybe more.

Look at new home sales, PMI, and revised GDP - all terrible.