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How big a pop will we see in the stock market when a...

Posted on 12/24/12 at 11:00 am
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/24/12 at 11:00 am
....fiscal deal is announced?

I'm guessing 200+ points on the DJ.
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 12/24/12 at 11:04 am to
Getting worried about your Dow prediction?

I dunno. It may go down more. "Buy on rumor, sell on news."
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/24/12 at 11:10 am to
quote:

Getting worried about your Dow prediction?
Not really. I don't think the fiscal deal will be announced until after 12/31/12 so it won't affect my prediction.

quote:

It may go down more.
And that is very possible, too. WTF knows?!?
Posted by CamdenTiger
Member since Aug 2009
62437 posts
Posted on 12/24/12 at 11:55 am to
No one knows how it will react, its been manipulated like crazy. Just nothing makes sense about it......good luck.
Posted by BallyHOO
Member since Oct 2005
6845 posts
Posted on 12/24/12 at 11:43 pm to
No telling?!?!?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/2/13 at 9:36 am to
Now we know the answer.

160+ points on Monday and 250+ points today.....
Posted by LSU0358
Member since Jan 2005
7918 posts
Posted on 1/2/13 at 9:58 am to
The Dow futures I bought at the close on Monday are loving some US Congress right now.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/2/13 at 10:42 am to
I didn't buy any options or futures but I did buy a ton of shares in XOM, GE and MO between 12/19 and 12/24. I had some losses in those shares for a week or so, but I've mopped up this morning.
Posted by LSU0358
Member since Jan 2005
7918 posts
Posted on 1/2/13 at 11:18 am to
I bought gold futures on Monday as well but have no plans to add to it or the Dow futures just yet.

In my "no leverage/cash only accts" I'll be getting a starter position going in XLI (Industrial ETF), SMH (Semiconductor ETF), MMM, and ALTR unless things fall apart today.
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 1/2/13 at 11:26 am to
quote:

Now we know the answer


Yeah up right about at the 200pt mark from your OP.
This post was edited on 1/2/13 at 11:28 am
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