I think to unknown is at the core of this crisis. So as soon as foreigners start clearing out the unknowns we will get a better idea. Today's trading suggests there is some resistance at current levels. Whatever you buy it is likely to drop or increase with the broader market moves, just like with the Lehman Crisis in this country. Gold, Cash, and DLTR seem to be the only contrarian bets available. Anyone else have an idea?
8200-9500 according to Cramer.
8700 according to http://blogs.forbes.com/digitalrules/2010/05/how-low-will-the-dow-go/
Search This Blog
Subscribe to:
Post Comments (Atom)
About Me
- Mark
- I have a passion for investing and surfing.
Blog Archive
-
▼
2010
(35)
-
▼
May
(14)
- Raising Cash and Buying Calls Anticipating Better ...
- How Low Will EU Liquidity Crisis Push Down The Dow?
- Market Inflection Point Upward or Downward?
- Itchy to BUY, but market might still be going down...
- The Risk to Buy Equities is Dropping Quickly - A M...
- New Observation - Sell on the Close and Buy at Midday
- How would the market get hooked on GREED again?
- Next Market FEAR Factor - CALIFORNIA? - The Goldle...
- Hard Decision to Sell in a Bear Market!!! I sol...
- What is the Game Plan with this Current Toppy Market?
- Why Don't I Feel Like BUYING?
- Scary Next Week ..... 3 Gs, but mostly
- Who Brought the Bears Out, Who, Who, ?
- What Price Should BP Valued at with the Horrible S...
-
▼
May
(14)
No comments:
Post a Comment