Predict Next Week

[billyjoe]

I predict the DJ 30 Ind. will go down fewer than 100 points next Monday.

-----------billyjoe

[spikefader]

I predict the DJ 30 Ind. will go down fewer than 100 points next Monday.

-----------billyjoe

I reckon she'll drop more than 224 points.

[IIC]

I don't know about Monday...But I predict there will be one day next week that will be up quite a bit on volume...I call this a "Sucker Punch" where Joe and Jane Investor will think that the correction is all over and they can buy stocks cheap before they take off again...And they will get slammed the following day.

[B.J]

I don't know about Monday...But I predict there will be one day next week that will be up quite a bit on volume...I call this a "Sucker Punch" where Joe and Jane Investor will think that the correction is all over and they can buy stocks cheap before they take off again...And they will get slammed the following day.

Pretty much where I'm at. I look for a flat week overall, which very well may include one day per Spike's scenario, probably followed by one day of yours.

But, short to intermediate term, I'm sure as heck staying away.

[ninner]

i agree with IIC....i bet we bounce at some point next week and im thinking on lighter volume to set up the next leg down...they are trapping people in the market and want to get more money in !!!!! I think i will buy some more QID next week

cheers

[New-born baby]

i agree with IIC....i bet we bounce at some point next week and im thinking on lighter volume to set up the next leg down...they are trapping people in the market and want to get more money in !!!!! I think i will buy some more QID next week

cheers

My view of this past week of selling, with the size of the losses to this point, and the weak close last Friday, that the downside actually looks about tapped out on this leg. Another push down Monday and that will possibly bring in some covering and a relief bounce. When that runs its course after roughly a week, then we need to batten down the hatches and see how far the market falls on its next leg down.

[billyjoe]

Doug,
Is today the "sucker punch" ?

----------billyjoe

[IIC]

Doug,
Is today the "sucker punch" ?

----------billyjoe

Perhaps...Naz 100 futures are dropping right now

[riverbabe]

billyjoe sweetheart, will you understand if I am not going to make any more predictions for a while here??? River

[billyjoe]

river,
I will grant you a special dispensation. Peace be with you.

-------------billyjoe

[IIC]

Doug,
Is today the "sucker punch" ?

----------billyjoe

Yes...it was

[billyjoe]

Yes...it was

duly noted

------billyjoe

[Gatorman]

Where, oh where, is the Great Carnac when we need him so desperately?

[IIC]

Billy...I'd say today's close was the Real Sucker Punch

[skiracer]

any possibility this could be a counterpunch by the bulls to the bears yesterday. or is it already made up that this market is going down.
are you and jim smith in the same camp?