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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: stan s. who wrote (58186)1/6/2000 4:07:00 PM
From: stan s.  Read Replies (4) of 108040
 
Nasdaq. a 15% correction takes us roughly to 3560. That would be about as much downside as one would expect. Although if it drops that low in the coming days I'd expect to see an intraday dip at some point take out a gap at 3450.

Personally I prefer a quick drop like like....that is if it STOPS. LOL

Easy for me to say, I'm mostly in small caps....but even that won't be a safe haven if the Naz continues to tank.

EDIT...but the good news is we now officially qualify as a correction on the NAZ...only takes 10%.
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