How will the Dow do next week? Will it drop below 10,000? Place your bets!

[Raptorex]

it's gonna be a nail biter!

 

[Spartacus]

On the Dow, Verizon (VZ) must respond today to MCI Inc.'s (MCIP) declaration that Qwest's (Q) latest bid is superior while reports suggest that a probe into AIG, which has delayed its 10-K filing for a third time, could now shave between $2.5-2.8 bln off its net worth

 

[Spartacus]

9:40AM: Market rebounds nicely from yesterday's drubbing, as investors get some relief with respect to the outlook for inflation and consumer spending.

10,100.74 +30.37

 

[slat1]

10,048 a little before 11am...
Now we are at 10.079

 

[Devastation]

it's at 10,115 RIGHT now +44pts today

 

[Spartacus]

While investors initially got some relief with respect to inflation, consumer spending and economic growth, with better than expected March personal income and consumption data and an encouraging read on regional manufacturing, another decline in consumer sentiment has removed much of the conviction from this morning's earlier bounce...

 

[Spartacus]

10,098.15 +27.78

Market improves its stance as the blue chip indices claw back into positive territory... On the Dow, Microsoft (MSFT 24.89 +0.44) continues to pace the gains while analyst upgrades on EMN and DOW have provided a boost to DuPont (DD46.55 +0.59)... Shares of Verizon (VZ 35.33 +0.28) have also surged as it must respond today to MCI's declaration that Qwest's bid is superior while XOM and PFE have also been strong...

Rotation out of bonds helps renew buying interest in equities across the board,

 

[Spartacus]

george might have to buy some karma from himself

 

[slat1]

Its all over... I lose again!

 

[Devastation]

he only has to pay out around 2800 pts right now. he knows what he's doing