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Strategies & Market Trends : Market CORRECTION or CRASH?
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To: Acey who wrote (6)4/15/1997 3:49:00 PM
From: Dale Schwartzenhauer   of 22
 
I think even 5600 may look conservative in a month or so, but the market may have some more bounce left it in first. From a standpoint of sentiment, I think a lot of people will become very bullish again before the next plunge. They have to be convinced we are on our way to new highs, which makes a perfect trap door. Looking for 6720 early next week, with a potential 5100 by May 5-6.

Dale
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