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To: sourcery

My prediction is that when the GOP takes the House in November the DOW will go above 11,000 by next spring. Of course, I think I will win the lottery too.


16 posted on 08/25/2010 2:32:19 PM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: SVTCobra03
My prediction is that when the GOP takes the House in November the DOW will go above 11,000 by next spring.

Course, if the pubbies go back to their usual way of governing, you may see it slide back down again, too.


28 posted on 08/25/2010 2:50:10 PM PDT by reagan_fanatic (YouTube My Space and I'll Google your Yahoo.)
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To: SVTCobra03
My prediction is that when the GOP takes the House in November the DOW will go above 11,000 by next spring.

Plausible—regardless of how the next election turns out. It's also plausible that Prechter is right, and the Dow will bottom around 400!

That's based solely on analysis of the charts, by the way, not on political considerations. Caveat: Markets are probabilistic, not deterministic. Market analysis can tell you what the probability gradients are, but not what "must" happen.

32 posted on 08/25/2010 2:52:58 PM PDT by sourcery (Obama is so conceited, he probably thinks that the 'Zero' in 'Ground Zero' refers to him!)
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