Is the DJIA going to be higher next Friday than Today?

I'm not a player in the financial world.  I have gone from all cash to 34% international,  33% small cap, and 33%  Dow Jones.  This is based on the end of the day Friday, January 25th, 2008.

I'm betting there will be a bounce after the Fed announces another rate cut and the Europeans possibly announce a rate cut next week.

I'm getting back to cash after the Fed announcement.

Good bet   or not   ?

 

Really tough to say, but I would say yes.

I would say no actually.

The fed wont drop 50 basis this week and I am not sure whatever happens will make the market happy.

Todays selloff was miserable..didnt like what I saw.

12,207 right now.

I'll say 12,311 end of next week

  I say up 1.5 %.

Nice little run-up Monday and Tuesday.  The Fed meets tomorrow.  I'm jumping out at the closing bell on Wednesday.  Take a little $$ and wait until maybe Memorial Day to get back in.