How much will stocks change Monday?

Chat about anything and everything... (well almost anything) Whether it be the front porch or the pot belly stove or news of interest or a topic of your liking, this is the place to post it.

Moderator: S2k Moderators

How much will the Dow Jones change?

1,000 +
3
17%
500 to 999
4
22%
001 to 499
8
44%
Unchanged or in the negatives.
3
17%
 
Total votes: 18

Message
Author
janswizard
S2K Supporter
S2K Supporter
Posts: 586
Joined: Thu Jul 10, 2003 3:08 am
Location: Fort Pierce, FL

#21 Postby janswizard » Mon Dec 15, 2003 4:50 pm

So what happened? I thought most of you expected the market to soar today?
0 likes   
Note: Opinions expressed are my own. Please look to the NHC for the most accurate information.

ColdFront77

#22 Postby ColdFront77 » Tue Dec 16, 2003 4:04 am

That was the general consensus after Saddam was captured. Makes sense for the forecast of a sharp rise; but didn't take place.

The tech-heavy NASDAQ's percentage drop was 8.3 times higher than the Dow Jones Industrials.


Dow closed down 19.34 (-0.19%) to 10,022.82
Nasdaq closed down 30.74 (1.58%) to 1,918.26
The S&P closed down 6.10 (-0.57%) to 1,068.04
0 likes   

weatherlover427

#23 Postby weatherlover427 » Tue Dec 16, 2003 4:38 am

Why did they fall? I thought they would rise? :-?
0 likes   

User avatar
blizzard
Category 5
Category 5
Posts: 2527
Joined: Thu Feb 06, 2003 2:04 am
Location: Near the Shores of Gitche Gumme

#24 Postby blizzard » Tue Dec 16, 2003 7:19 am

My vote was for a small decrease or no change. I just don't think that the capture of Saddam is that big of a financial deal. What did we gain financially for this?
0 likes   

Guest

#25 Postby Guest » Tue Dec 16, 2003 7:22 am

This goes to show you - that the country is still struggling financially. In prosperous times an event like this would of showed a gain - but the economy is still struggling and not out of the woods. I think we still have a long ways to go until we are in financial stabliity.
0 likes   

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

#26 Postby Stephanie » Tue Dec 16, 2003 10:58 am

Stephanie wrote:
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.


I never did vote in the above poll but I probably would've selected the 1 - 499 points. They did say that there was profit taking after the original spike. I would've thought we'd see the spike yesterday and a dip today. I think that people are being cautiously optimistic but as Ticka mentioned, the country is still struggling financially, though there have been signs of improvement.
0 likes   

User avatar
mf_dolphin
Category 5
Category 5
Posts: 17758
Age: 68
Joined: Tue Oct 08, 2002 2:05 pm
Location: St Petersburg, FL
Contact:

#27 Postby mf_dolphin » Tue Dec 16, 2003 4:51 pm

Looks like we have some solid gains after yesterday's profit taking. :-) 106 pts WoooHoooo
0 likes   


Return to “Off Topic”

Who is online

Users browsing this forum: No registered users and 8 guests