Thursday morning

As always, this isn’t likely to be accurate, but here’s my daily prediction…

The DJI, NASDAQ, and S&P will open lower this morning.  There will be limits on today’s dropping, but not sure how much so.  Watch for the DJI to start lower, get some sort of lift from the lows, than start lowering more.  DJI will end the day down .. umm.. 95 pts.  That’s really just a guess, there’s no way for me to foretel today’s outcome.

I should probably wait before making a guess (it’s still over 1.5 hours before the market opens).

The market is going to show weakness.  I will be looking at making money on puts today.

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Posted: December 13, 2007 at 6:52 am

Posted By: Michael

News Category: Stock, indexes

 

 

2 Responses to “Thursday morning”

  1. I guess 185 points lower, this is based on my high bowling score last night.

    Bubs on 13 Dec 2007 at 8:10 am

  2. Wow Bubs, well if you are right I’ll send you $185 just for having the right guess. If you are within 10 points either direction, I’ll send you the cash. You can use it to pay for someone’s dinner or something.

    Michael on 13 Dec 2007 at 11:00 am
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