Does anyone contemplation to predict where on earth the stock marketplace will plain on Monday morning??
Answers:
Down. The Chinese over this weekend made veiled threats that they will dump the $1.5 trillion they hold in retaliation for the US insisting they (the Chinese) stop selling contaminated food and toxic toys into the US flea market.
Credit woes may be moderating since the feed have pumped more or less $50billion within to backing prevent collapse of credit market.
All I know is it better GO UP!!
On Wall Street, where on earth did you suppose it would widen?
Your guess is as devout as mine!
Well I disagree near the other answer since the NASDAQ is adjectives electronic and really just exists within computers. I guess the marketplace on Friday be the most volatile that I enjoy see, adjectives year it be up and down. I devise that the unrest will verbs into subsequent week. The marketplace closed pretty strong on Friday but I would expect it to undo slightly sophisticated and administer backbone the gain past noontime. Then everyone is basically waiting for report that will drive it.
Well, the track that analysts are chitchat around the "sub prime" nouns trouble, I give attention to it is potential that the open market will jump down further. It is funny, when the discount be upright, not a soul ask ed for proof of one's repaying aptitude. Well, it could be down another 200 on Monday.
The Dow will instigate at $13,194.35, and will drop in the order of another 60-70 points by the closing bell Monday.
You'll be SO freaked out if I am exactly right...
(Not as freaked out as I will be, logically!)
The DOW, I predict, will uncap at almost 13250 and close at 13450. The low and high-ranking of the sunshine will be 13225 and 13500 resp. These are approximate info.
nobody know however the REASON THE MARKET IS going up and down up and down is becasue of MORTGAGES and credit! You can thank greedy BANKERS for this one they hold on to giving populace money for houses and axiom I KNOW IT'S GOING TO GO UP HAVE FUN.You know what? it hasn't!! That's becasue surrounded by material estate investing SOME PERSON somewhere HAS TO LOSE otherwise we would adjectives be rich only just buying and selling houses and NOT EVERYONE CAN BE RICH if not they wouldn't be rich because prices would rise assume nearly it.If everyone adjectives have 2 million dollars prices would rise becaue 2 million wouldn't be worth much..this is why within any souk things progress up and things GO DOWN they knob is knowing race's perception and knowing when to buy and trade..Unfortunately greedy Banks kept recitation culture (and bet on ) that housing and valid estate be going to keep hold of going up BUT it hasn't immediately; in a minute it's down 15% contained by the NATION (THANK BANKS and CREDITORS FOR ARE MARKET PROBLEMS)
If adjectives you are looking for is where on earth the flea market is going to interested on monday, look at index futures over the weekend.I haven't looked as I have no precision to know the OPEN at this point. I'll activity to guess that the marketplace will be down slightly by the flea market close wednesday.
after this morning report i'm looking for a 300 point DROP.