STORM2K

Pick your vote how much it will change.

It will jump significantly, but probably not more than 300-450 points.

I am anxiously awaiting opening bell in the morning. I believe the stocks will soar to 11,000. I am hoping anyway.

Stocks will skyrocket to close to 11,000 but quite not make it but oil prices will drop like a rock and we will see it at the gas pump in the next few weeks.

cycloneye wrote:Stocks will skyrocket to close to 11,000 but quite not make it but oil prices will drop like a rock and we will see it at the gas pump in the next few weeks.

I hope so about the oil prices. I am so sick of paying those prices at the pumps. Can we catch a break? Hope so!!

And heres another possibility... Nasdaq above 2000?

It may get there by the end of the week or month, but I don't know if it will get to 11,000 by the close of business tomorrow. But I could be wrong too. I expect between 250 and 500.

And the Israel Stock Exchange, which is open on Sunday was up 3.19% at the close. This would put the Dow up 300 points, but like I said it could go higher. Let's hope

I think tomorrow will be a very good day!!

But how long will it last? Short-term, I believe.

I disagree Janswizard. I don't think things will be high rolling like the late nineties. I think people are more realistic, now. We may not see a 12000 dow by the end of next year, but I don't think we will see another slump.

Yep.. Wall Street will rally bigtime on this news and so will the presidents popularity:):):

I am betting on a 400 to 450 pooint increase.

I believe Dow Jones will go sky-high.

I don't think we are going to see a significant jump. Maybe there will be a knee jerk reaction for a day or two and they will rise, but for the next couple of months, watch it to stay relatively steady, climbing in the long run but there are going to be some setbacks also.

As far as Bush's rating rising. I don't understand why he should get the credit for our troops catching Saddam. It is the troops, not him that are over there scouring the countryside. With the Field grade officers leading the way, not the CIC. He just happens to be the figure head at this point in time. Remember, he is the one who said that the worst part was over, when in reality it was just beginning. So to me, he is for the most part, clueless as to the internal workings in Iraq. Sure he gets updates, but they are not as in depth as we would all like to think.

Calling the CIC "clueless" just shows how little you understand about the general chain of command. President Bush gets daily breifings on the situation in Iraq. The level of detail lessens as you go up the chain of command but I would hardly call him clueless. President Bush gets credit because he's the one who commited us to this course of action and has had the strength to stay the course.

OK, clueless may have been strong. But I didn't say he way completely clueless. I said relatively clueless. And yes, I do know about the Chain of Command. But most decisions about the military are made by The Department of Defense and the Secretary of Defense. Most of that is also delegated to the commander of the Iraqi forces. Sure the President gets his briefings, but with all the other stuff he needs to deal with on a daily basis, for him to be as deeply informed as you are saying, he would have to be a super-human. Remember, the CIC heads the military, but that does not mean he has a military mind. That is why if we had a retired General running for Pres. he would most likely get my vote.

And, yes he did have the resolve to stay the course, but imaging what would have happened had he not. Political suicide, so alot of that resolve was to save his skin for re-election. In which 99% of politics is, getting ready for the next election. Even if it is 4 years away.

DJI currently up about 70 points....there was an early spike, and has since leveled off. Not so sure we are going to see the huge numbers.

Personally...I'd rather see slow steady growth.

j wrote:Personally...I'd rather see slow steady growth.

I agree there, it seems that everytime we see large jumps, they always seem to jump back the other way again soon afterwards. A slow, steady growth is better for most investors, since they tend to leave there money sit. When you start buying and selling with the rise and fall, eventually you will probably get burnt (novice traders) that is.

blizzard wrote:

j wrote:Personally...I'd rather see slow steady growth.

I agree there, it seems that everytime we see large jumps, they always seem to jump back the other way again soon afterwards. A slow, steady growth is better for most investors, since they tend to leave there money sit. When you start buying and selling with the rise and fall, eventually you will probably get burnt (novice traders) that is.

If there is a large spike today or in the following days, there will be profit taking soon after.

Dow and Nasdaq fall today.