What about Dow Jones range for August 2008 ??????

Question

Is it going 12000 or 10000?????????????

Answer 1

Probably both.   The US stock market has been in a trading range for the last few months.

Answer 2

Davis S answer is intriguing, because the historical data seem to show that regardless of who wins, stocks go UP after an election because the uncertainty is gone!

11 of the past 14 election years have seen growth of 3.3 percent or higher.

The markets have been even more cheerful. In only four of the last fourteen election years (1948, 1960, 1984 and 2000) has the Dow Jones Industrial Average fallen.

Answer 3

August  will see anther low range, i belief we will see anther  300-400 drop. in this month

It's well known during the  election year ,stocks go down .

we will see more bad news coming from regional banks,  plus slow in economic growth.