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Strategies & Market Trends : Dow 4000!
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To: Jay8088 who wrote (70)9/28/1998 12:52:00 AM
From: Jay8088  Read Replies (1) of 140
 
It may take a little longer than 2 weeks. I expect 1929 type crash to bottom out 10/28. If so, DJIA would be in 4,000's by that date. Assuming it would take about twice the time (of 1929), next couple of weeks could be sharp down to 7,000 but nothing like what we will see in Middle of October. My guess for the 'crash' date is October 19, 1998. But unlike in 1987, we would go lower after that for a total washout on 10/28/98.

Caviar: I may be wrong.
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