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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST
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To: HairBall who wrote (40116)2/13/2000 10:34:00 AM
From: Crimson Ghost  Read Replies (1) of 99985
 
LG:

I agree that the INITAL impact of a NAZ bust will be a drop in virtually everything except gold and gold stocks. But I see the value sectors giving up just modest additional ground and rebounding strongly in fairly short order.

Note I am talking about a 20-25% drop in the NAZ -- not the end of the world scenario some have postulated. Obviously a 50% NAZ collapse would be something else entirely
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