SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SBerglowe who wrote (846)4/15/2000 12:50:00 PM
From: SouthFloridaGuy   of 896
 
The Dow is a lot harder to predict because its had a weird pattern.

The main support looks to be around the around 9200 though.

As far as the Nasdaq, the true support looks to be around 2600 - westpacific has correctly pointed this out.

It all depends on how long this is crap is going to last. Normally, after they crash, markets don't go straight up.

The 87 Dow for instance made its intermediate lows 6 months after the fact as I recall. My guess is we make the Nasdaq lows sometime during the summer during a mini-crash...then we begin a huge bull rally which takes us back to 5,000 by 2002.

Once the brunt of the selling is done, however, opportunities should pop up and I will keep people updated through my email list.

-SO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext