Are we headed for a short run of DOW going up?

If so how long do you think it'll last and how high will it go?



1. No. I think it will go up more before going down and making a higher support.


2. Mid/late April, 8500-9000





The market will tell you.




When you throw a dead cat off of a building it will take a bounce or two up!





Wasn't this rescue package supposed to provide money for banks in the first place?





Now money will start to go to people who should never have gotten a home in the first place and those who took second and third mortgages on that account to buy Mercedes, trips to Europe, new swimming pools or fancy boats - now our tax money will bail those bums out of a jam!





Will these same people who shouldn't have been granted a loan for a house be given another bite at the apple so we can have another mega trillion dollar bail out in the future - probably!





Of course the DOW will go up, it has always gone up - even without any stimulus programs! House prices are lower now so people will buy them. When homes are purchased home owners often purchase refrigerators, washers and dryers, up date electricity, buy new furniture and probably some do some landscaping and other home improvements - this spending puts money out there on the street! The DOW always goes up - eventually!




i think we trade within a 1000dollar range up/down for a while.





I think reality sets in after the flood of bad earning reports


And this triggers a drop in the DOW.


We then test that 6000 mark.





Then we cruse upwards above the meaningful 8400 mark.


If it happens like this I would consider it an amazing classic American comeback. I would not be surprised. Capitalism could fix this market without TARP.