Can't wait to see, the feds cut interest rates by .75, asian markets were still down.
My prediction for today, the dow down by 5%, 600 points. I'm being reasonale.
The Dow
by joebin 7 Replies latest social current
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joebin
Talk about being dead wrong
Won't be applying for a prophet job soon
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wha happened?
Had the fed not jumped in as they did your prophecy would have been actually short.
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joebin
I knew the feds had stepped in, so I didn't adjust for it, but i should have.
Thanks for the comment it makes me feel like less of a failure
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dawg
See what happens today.
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joebin
I was going to say it would be up like 60 points but I just checked and it started down by some 250 points. we'll see
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AK - Jeff
Looks like it is down about 160 on the Dow right now - that's what? 425 points in two days?
Jeff
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kerj2leev
Cutting the rate won't matter. We have a credit hangover right now, so things may be tight for some time.