stock market ramblings | FerrariChat

stock market ramblings

Discussion in 'Other Off Topic Forum' started by coachi, Jun 22, 2004.

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what will the markets do by election time

  1. dow, nas and s&p will go up

  2. dow, nas and s&p will go down

  3. their will continue to trade in a narrow range and remain neutral

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  1. coachi

    coachi Formula 3

    May 1, 2002
    2,108
    SC USA
    Well, the Dow is fighting hard to go to 10,400 and trading in a range; NAS is trying real hard to break 2000...the S & P is hovering around 1130....but without a big volume surge above those levels, and without internal participation, the path of least resistance is down. Despite statistics that show the market gaining in most presidential election years, one of the two or three down years was when Bush got elected in 2000. I am posting this poll to see if people agree that the market will be down come election time or feel a big surge ahead.
     
  2. coachi

    coachi Formula 3

    May 1, 2002
    2,108
    SC USA
    I suppose if the indices trade sideways and in a range, then it is best to wait on interest rates to go up and put cash into CD's or bonds????
     

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