Pocket Watches For Sale

What does the end of the Titanic Movie mean?

My husband and I are having a debate over the ending of Titanic. When "Rose" as the old lady throws the blue pendant into the ocean, is she throwing it in to Jack or is she throwing it in because she couldn't stand Cal? Or if you have other answers, I would like to know them.

She's throwing it in the water for Jack, because he died in the water it is sort of symbolic as if that is "his final resting place".

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