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The Dow, S&P, Oil, and Gold

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Anonymous Coward
User ID: 469439
9/1/2008 4:08 PM
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The Dow, S&P, Oil, and Gold

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Now that summer vacations are over and real traders will be returning to the floor of the market here are my predictions.

I'm calling a trader reality check with a major sell-off and a loss of 300 points just tomorrow with like drops happening for the next two weeks until we are at 9000.

Oil will be at $140 by mid month (9/15)with gold again hitting $1000 at that same time.

Many small and 2 major banks will fail before the 15th other major banks to follow.

And to top the DOOM I forsee a 7 year anniversary FF before the 11th.

Anonymous Coward
User ID: 473495
9/1/2008 4:10 PM

Re: The Dow, S&P, Oil, and Gold	Quote
Well, good luck with that. Hope it works out for you.

Anonymous Coward
User ID: 476538
9/1/2008 4:17 PM

Re: The Dow, S&P, Oil, and Gold

Quote

Quoting: Anonymous Coward 469439

Anonymous Coward
User ID: 469439 (OP)
9/1/2008 4:19 PM

Re: The Dow, S&P, Oil, and Gold	Quote
Listen, I have an inside source I'm not suppose to mention but it starts with an O

Anonymous Coward
User ID: 276543
9/1/2008 4:23 PM

Re: The Dow, S&P, Oil, and Gold	Quote
Thats a tall order. Been watching the Asia -Europe trade. Tomorrow will be a down day but oil is trading at 110 -- Gas down 10 cents. Gold and Silver both down. Commodities are not the trade right now. Looks like most funds have unwound huge positions and are sitting on cash.

Anonymous Coward
User ID: 469439 (OP)
9/4/2008 6:59 PM

Re: The Dow, S&P, Oil, and Gold	Quote
So I was three days late, keep your eyes on the ball.

Anonymous Coward
User ID: 488191
9/4/2008 7:07 PM

Re: The Dow, S&P, Oil, and Gold	Quote
I cashed out 1 month ago, its sad watching folks that I told to cash out 1 month ago struggle to close positions. I also told my buddies to buy silver, now theres no silver to be bought....no large amounts anyway. So my buddies are still in paper and its becoming worthless and their back up is gone, Gold is a buy right now but silver is a better currency

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