CHESSNOID

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Stock market up 1,000 points? 10.12.2008

Posted on Oct 12, 2008 by CHESSNOID in Recession, economy, housing market, stock market | 0 Comments

Considering how battered the stock markets have been the last 8 days, tomorrow can possibly be a huge rally.  On Friday we saw a swing of 1,100 points.  I wouldn’t rule out a rally tomorrow that breaks 4 figures.  In the futures right now the DOW is up 330 points and gaining momentum.  Then again it could tank by the end of the day. There really is no way of knowing how the markets will play out tomorrow.

We might see all the buyers jump in tomorrow to see a record breaking 1 day gain. We could also see all the sellers jump in to cut all the losses they have been hit with in the last 8 sessions.  Tomorrow will definitely be an exciting day to watch the numbers break the ceiling.  Good luck to everyone. Here are the market futures as I type this.

Dow +330.00 +3.94% 8,700.00
NASDAQ +51.75 +4.04% 1,334.25
S&P +41.60 +4.67% 932.60

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