Dow Predictions for 1/22/08! (semi contest)
I originally thought it would be down by 650, now looking at the asian markets down ANOTHER 5-8% overnight, this is my prediction:
Dow ends down 972 (just over 8%) to 11127.
Closest guess gets a pat on the back, predictions before market open will be considered. I think that the dow should go down over 1k but the market controls will kick in to prevent that, I think tomorrow we will see curbs. Also, I think the Dow will be least affected, the nasdaq and s&p are going to go down at least 9%... so I wanna hear what the caps community thinks. Have at it!