Thread: Tomorrow's DOW: Up or Down

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  1. TOP #1
    ABM is making friends ABM is making friends ABM is making friends ABM is making friends ABM is making friends ABM is making friends ABM's Avatar Some Call me the Best in the Game
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    Default Tomorrow's DOW: Up or Down

    Curious..
    The problem with socialism is that you eventually run out of other people's money. ~Margaret Thatcher

  2. TOP #2
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    Default Re: Tomorrow's DOW: Up or Down

    up. more quantitative easing for the next 4 years.
    1-6-0-4-9-3-11

  3. TOP #3
    magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661's Avatar B-A-N-A-N-A-S!
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    Default Re: Tomorrow's DOW: Up or Down

    Down

  4. TOP #4
    Further has several friends Further has several friends Further has several friends Further has several friends Further has several friends Further has several friends Further has several friends Further has several friends Further has several friends Further's Avatar Good Enough for my Own Shoe
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    Default Re: Tomorrow's DOW: Up or Down

    Down by a hair

  5. TOP #5
    EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE has several friends EL PRESIDENTE's Avatar the franchise
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    Default Re: Tomorrow's DOW: Up or Down

    I'll say up about 175 points. general mood of the country is good. it'll be short lived though.
    1-6-0-4-9-3-11

  6. TOP #6
    BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA has several friends BrianFromWA's Avatar Global Moderator
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    Default Re: Tomorrow's DOW: Up or Down

    down big.
    Check out some of my longer posts at http://sportstwo.com/blog/ if you'd like.

  7. TOP #7

    Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3 is influencing people Natebishop3's Avatar Don't tread on me!
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    Default Re: Tomorrow's DOW: Up or Down

    When was the last time the dow was up after an election?
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  8. TOP #8
    magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661's Avatar B-A-N-A-N-A-S!
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    Default Re: Tomorrow's DOW: Up or Down

    So far the Dow is down 294.31 points. Just as I suspected. Wait until Obama passes the 15% hike on capital gains tax. Housing, Stocks and personal investments are going way down. I expect tons of money will be invested out of this country. Look for China's world economy strength to go up.

  9. TOP #9
    GriLtCheeZ is becoming well known GriLtCheeZ is becoming well known GriLtCheeZ is becoming well known GriLtCheeZ is becoming well known GriLtCheeZ's Avatar Tuco - The Ugly
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by magnifier661 View Post
    So far the Dow is down 294.31 points. Just as I suspected. Wait until Obama passes the 15% hike on capital gains tax. Housing, Stocks and personal investments are going way down. I expect tons of money will be invested out of this country. Look for China's world economy strength to go up.
    The sky is falling, the sky is falling! Chill bro! I'm sure you got some downers lying around somewhere.
    "I don’t like to speak badly of people. I have grown up thinking and being told that if you cannot say something nice about someone, you should not say anything at all. But I must break that rule in this case because I hate Hulk Hogan very much. He is a big ugly goon and I want to smash his face."
    - Andre the Giant

  10. TOP #10

    Default Re: Tomorrow's DOW: Up or Down

    If it drops another 200, I'm buying.

  11. TOP #11
    magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661's Avatar B-A-N-A-N-A-S!
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by Baracuda View Post
    The sky is falling, the sky is falling! Chill bro! I'm sure you got some downers lying around somewhere.
    The sky has been falling 2 years ago. Now I'm saying "Just as expected, just as expected".

  12. TOP #12
    magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661's Avatar B-A-N-A-N-A-S!
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by Treaty_of_Batum View Post
    If it drops another 200, I'm buying.
    It's going to drop 1,000 points by the middle of next week.

  13. TOP #13

    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by magnifier661 View Post
    It's going to drop 1,000 points by the middle of next week.
    You think? I don't see that happening but if it does then I'm doubling up.

  14. TOP #14
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by Treaty_of_Batum View Post
    You think? I don't see that happening but if it does then I'm doubling up.
    Absolutely man. Do you know what the proposed increas on capital gains is going to be in 2013? They suspect it's going to raise 10-15%. There is no incentive for people to invest man. Many of the 1% will just go over-seas and invest in foreign stocks; keeping the money in tax-sheltered acounts in Switzerland, Caman Islands or Hong Kong. We may see a huge drop in housing as well. Even the middle class won't have incentives to buy housing either; due to captial gains increase. The domino is going to fall and the sky will actually fall for at least 2 more years.

    To keep track:

    Dow: 12,922.21 (down 323.47 points : -2.49%) It just dropped another 50 points in a few minutes.
    NASDAQ: 2,933.57 (down 78.15 points: -2.58%)
    Last edited by magnifier661; 11-07-2012 at 09:46 AM.

  15. TOP #15

    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by magnifier661 View Post
    Absolutely man. Do you know what the proposed increas on capital gains is going to be in 2013? They suspect it's going to raise 10-15%. There is no incentive for people to invest man. Many of the 1% will just go over-seas and invest in foreign stocks; keeping the money in tax-sheltered acounts in Switzerland, Caman Islands or Hong Kong. We may see a huge drop in housing as well. Even the middle class won't have incentives to buy housing either; due to captial gains increase. The domino is going to fall and the sky will actually fall for at least 2 more years.
    Doesn't sound like you are taking the election results well.

    I was for Romney because of the economy, but Obama can't jsut snap his fingers and double the capital gains tax (which is a several hour debate in itself). There are exceptions when it comes to gains on your own personal house.

    I know you don't like Obama, but he is not out to ruin the country and won't drive this country into bankruptcy. Any decisions made that will impact the country will be done with a team of advisors.

    Just the other day you were upset with how much tax you are paying. Meanwhile someone like Romney and Obama make millions each year and pay less than 15% tax on it. Does that sound fair? Personally, I think something should be done with capital gains tax.

  16. TOP #16
    magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661 is influencing people magnifier661's Avatar B-A-N-A-N-A-S!
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by Treaty_of_Batum View Post
    Doesn't sound like you are taking the election results well.

    I was for Romney because of the economy, but Obama can't jsut snap his fingers and double the capital gains tax (which is a several hour debate in itself). There are exceptions when it comes to gains on your own personal house.

    I know you don't like Obama, but he is not out to ruin the country and won't drive this country into bankruptcy. Any decisions made that will impact the country will be done with a team of advisors.

    Just the other day you were upset with how much tax you are paying. Meanwhile someone like Romney and Obama make millions each year and pay less than 15% tax on it. Does that sound fair? Personally, I think something should be done with capital gains tax.
    It's absolutely fair for the "capital gains incentive". It stimulates spending and reinvestment in the US. Even though I don't have too much invested; doesn't mean I won't be effected by the reduction of the 1% spending in America.

  17. TOP #17

    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by magnifier661 View Post
    It's absolutely fair for the "capital gains incentive". It stimulates spending and reinvestment in the US. Even though I don't have too much invested; doesn't mean I won't be effected by the reduction of the 1% spending in America.
    Well if the Dow goes down 1,000 in the next week, maybe I'll start to believe that increasing the capital gains tax will cause a significant decrease in investment in the US.

  18. TOP #18
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by Treaty_of_Batum View Post
    Well if the Dow goes down 1,000 in the next week, maybe I'll start to believe that increasing the capital gains tax will cause a significant decrease in investment in the US.
    You will be a believer by next week.

    http://www.usatoday.com/story/money/...react/1687277/

    "The chances of going off the cliff probably just increased," says Ed Yardeni, chief investment strategist at Yardeni Research.
    All other issues aside, "the re-elected president must immediately act to avoid the fiscal cliff," says David Kotok, chief investment officer at Cumberland Advisors. "Massive negotiations lie ahead."
    If you are going to invest; do so in Healthcare and green energy. That's the only place the Obama Administration endorses. But be weary of "Green Energy" because there is still a large amount of "What if's" on actual companies that have the gout to stay afloat.

  19. TOP #19

    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by magnifier661 View Post
    It's going to drop 1,000 points by the middle of next week.
    Srill sticking with this prediction?

  20. TOP #20
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    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by Treaty_of_Batum View Post
    If it drops another 200, I'm buying.
    It'll have to drop 2,000 before I'd buy.

  21. TOP #21
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    Default Re: Tomorrow's DOW: Up or Down

    the dow dropping that much is not going to happen without an external factor. complete marlarky!
    1-6-0-4-9-3-11

  22. TOP #22

    Default Re: Tomorrow's DOW: Up or Down

    Quote Originally Posted by BLAZER PROPHET View Post
    It'll have to drop 2,000 before I'd buy.
    Doesn't look like either of us are buying . . .

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