Where does market go from here?

[tradingbug]

I think we break 1100 early in the week followed by some more aces from the govt. Then a rally back above 1100 by the end of the week. Sideways action between 1100 and 1200 for a couple of months before a breakout up or down....most likely down to new lows.

 

[dumpandbasher]

Quote from tradingbug:

I think we break 1100 early in the week followed by some more aces from the govt. Then a rally back above 1100 by the end of the week. Sideways action between 1100 and 1200 for a couple of months before a breakout up or down....most likely down to new lows.

Already under 1100 right now.

 

[tradingbug]

Quote from dumpandbasher:

Already under 1100 right now.

Well i mean we go lower than where we are early in the week....like 1050 :eek:

 

[staffpro]

dow 8500 by end of week sp500 to 900 by end of week

 

[JamesVU2000]

higher

 

[dumpandbasher]

Quote from staffpro:

dow 8500 by end of week sp500 to 900 by end of week

http://elitetrader.com/vb/showthread.php?s=&postid=2105858#post2105858

 

[blackbook]

we will see ~9800 area by 12/31/2008.