What will the DOW do today?

Me | 2/25/09 | GeorgiaDawg32

[freedomlover]

7,260.30 -90.64 (-1.23%)
Last Trade 09:47:51 at 02/25/2009

[dawn53]

7269.14 -81.80 (-1.11%) Feb 25 9:48am

[rstrahan]

Down, down, down.

[freedomlover]

7,255.20 -95.74 (-1.30%)
Last Trade 09:52:52 at 02/25/2009

[oh8eleven]

Down 93 ...

[dighton]

FWIW, after yesterday’s bounce and some follow-through before the bell, Citi is taking its usual dive.

[MinuteGal]

That same old tingle Matthews feels inside
And then the market starts to slide
And down and down it goes
'Round and 'round it goes
Like a leaf in a tide

Down and down it goes
'Round and 'round it goes
In a spin, oh what a spin it's in
That old black magic called Obamacide

Leni

[Roccus]

If those "storefront outfits" are what I think they are, they themselves never come up with the cash.

That would be correct......IF they were legitimate. My thoughts are that they were not. IMO, many were nothing more than washing machines. Often in Jackson Heights and Washington Heights, two neighborhoods that I saw these enterprises flourishing, these same storefronts advertised with large signs that "WE BUY & SELL GOLD!"

They may have called themselves "Mortgage Brokers" but IMO they were not doing any brokering at all.

[longtermmemmory]

The CNBC chattering useful idiots are not even mentioning the market is down over 100 points BECAUSE OF OBAMA.

HOWEVER, they saying bernaki may help market up if he testifies.

[freedomlover]

7,243.09 -107.85 (-1.47%)
Last Trade 10:01:23 at 02/25/2009

Down 100 in first 30 min
Remember when the DBM said that a 30 point uptick in one day was a “rally” when I had spoken the day before?

[freedomlover]

7,216.17 -134.77 (-1.83%)
Last Trade 10:04:42 at 02/25/2009

[longtermmemmory]

CNBC

Bank of America chieef ecconomis on as an obama brownoser.

do not buy bank of america if their ecconomis likes obama.

Leesman (komisar kueball) is just overthe top obamabot.

we need a real financial channel without the left wing bias.

[freedomlover]

I = O (oops)

[dawn53]

HOWEVER, they saying bernaki may help market up if he testifies

Just MHO, but Obama could have come out and reaffirmed what Bernake said, but he didn't. Bernake, in his response to Corker, seemed to indicate that nationalization was off the table, and the market reacted positively. However, it wasn't an hour later that Brian Williams was reporting, after a meeting at the White House, that 0 was not taking anything off the table as far as banks. Since it seems that Bernake's saying one thing and 0 is saying another, I don't think Bernake's testimony today will hold as much water, as his testimony yesterday.

[NonValueAdded]

The deceased cat, having achieved a hopey-changie apogee yesterday is rocketing downward after Obamateur’s State of the Teleprompter Address last night.

[GOPJ]

I'd like to know what the Dow (and the gov’t) are going to do when they start realizing that many of the “toxic” mortgages have been “sold” more than once. I'm not talking about re-selling them up the financial food chain, I'm talking about selling the same item to more than one financial institution. Think Max Bialystok in “The Producers.”

Please tell me you're taking a wild guess on this - and not that you have some real information.

[dfwgator]

"TURN THOSE MACHINES BACK ON!!!!"

[dawn53]

we need a real financial channel without the left wing bias

I watch CNBC sometimes, but Fox Business is much "easier" to watch.

[Crawdad]

My down over 200 prediction is looking good.

[freedomlover]

7,189.73 -161.21 (-2.19%)
Last Trade 10:09:03 at 02/25/2009