Make this line on the DOW please

[Fishhead]

OVER/UNDER 10,000 on the close DECEMBER 31st

Obviously the UNDER is the favorite.

Make the line using a 40 cent line..........thanks.

 

[quot7quot]

under -3500
over +2650

 

[trytrytry]

over +850

Under -1400

 

[quot7quot]

over -1400

Send me your phone number. I gotta get a limit bet in ASAP

 

[trytrytry]

I did not see your line there below you have yes at +2650

approx 1 in 26 that the close is above 10,000 interesting..

 

[Fishhead]

WOW

Interesting guesses thus far...........

You guys really make it that high???..........I think your both way to high.

 

[KennyB]

Just remember, if you make a bad line someone could hedge themselves with index options.

 

[bellyputter]

I believe there will be very little tax selling this year at the end of December. People won't even mess with the thirty day rule. The damage has been done for most investors. I will began to look at the market the day after the bowl games.

 

[Fishhead]

Right now one can lay -500 on the under..........good bet????

 

[FairWarning]

Right now one can lay -500 on the under..........good bet????

I think so. Say the gov bails out the Big 3 Automakers, or GM/Chrysler merges and the gov helps out Ford, GM. What do you think happens to the market? If they don't get the bailout, I say it goes to 8000. That seems to be the bottom.

 

[Wrigley]

under -3500
over +2650

This line is about right December unemployment and retail sales will suck, forget under 10,000 I think we could be at around 7700 on December 31

 

[Wrigley]

I think so. Say the gov bails out the Big 3 Automakers, or GM/Chrysler merges and the gov helps out Ford, GM. What do you think happens to the market? If they don't get the bailout, I say it goes to 8000. That seems to be the bottom.

Even if they get the bailout people wont run out and buy cars they will be back asking for more sometime next year, many thought the bank bailout would jump start the market

 

[Fishhead]

Do I dare lay -500 on this prop???

 

[FairWarning]

Even if they get the bailout people wont run out and buy cars they will be back asking for more sometime next year, many thought the bank bailout would jump start the market

It's a very tough spot. One in ten jobs are tied to the auto industry. Not sure what the percentage is in Michigan and Ohio. Union auto jobs are getting an average of $78/hour in wages/benefits. There is a big problem there. Also the retirees are making great coin too. Wonder why Toyota and other foreign companies are doing so well - they don't have the obligation to the retired. The unions will have to be more flexible here.

 

[Biggamer3]

Do I dare lay -500 on this prop???

If you havent learned anything, its how volatile the market really is with all the swings, if there is some good news out of the whole auto industry situation i can easily see a 1K swing upward in one day and the momentum can carry it for the next few days past the 10K mark.

I would not lay this juice on such an unpredictable thing

 

[Wrigley]

It's a very tough spot. One in ten jobs are tied to the auto industry. Not sure what the percentage is in Michigan and Ohio. Union auto jobs are getting an average of $78/hour in wages/benefits. There is a big problem there. Also the retirees are making great coin too. Wonder why Toyota and other foreign companies are doing so well - they don't have the obligation to the retired. The unions will have to be more flexible here.

Agree with what you say union are to greedy they will need to take pay cuts like the airlines did to survive

 

[FairWarning]

Do I dare lay -500 on this prop???

I couldn't lay my money on it, but Obama is for raising corporate taxes, so there is little reason to think it will reach 10,000.

 

[whalewager]

I would lay 2500 to win 5 for shits and giggles

 

[RealSlimShady]

Under -2000
Over +1800

 

[D2bets]

Under -480
Over +400