The stock market
Okay, so I curious as to where the stock market will go this year. Where do you guys think it will go this year?
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I think it'll go to Connecticut to escape the hustle and bustle of NYC.
Up down up down up down.....
1251.31
I think it will finish at just under 11000, like around 10800 or so for the DJIA
I sure am bullish..
Wall Street will be contending with three situations in 2011 that drive stock prices:
_ The year before a president faces re-election.
_ The year after a president has lost control of Congress.
_ The second year of a fragile economic expansion.
Maybe Dow climbs another thousand Still similar problems from the last month or so We got QE2 But Europe and Japan are doing lousy And not much closer to an agreement with China
Bullish. Returns in the US seem promising in comparison to the rest of the world. E.g. Europe and Japan.
i hope it goes down 20% if that means we are finally taking our medicine instead of pushing the ball down the hill.
Obviously it won't happen as Obama seeks to cling to the scraps of re-election chance he has left. He knows how that policy worked for Jimmy Carter.
However, I am trying to secure summer associate employment so let's continue with the morphine drip until I'm secure. On that note, please read the following books and party like it's 1998
http://www.amazon.com/Dow-36-000-Strategy-Profiting/dp/0609806998/ref=s…
http://www.amazon.com/Real-Estate-Boom-Will-Bust/dp/0385514352/ref=sr_1…
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