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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 675.37-1.2%Nov 4 4:00 PM EST
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To: Crimson Ghost who wrote (64928)12/22/2000 4:51:57 PM
From: sea_biscuit  Read Replies (1) of 99985
 
Implicit in your statement is the belief that 1800 or 2000 is the absolute floor on the Nasdaq... And that is the fallacy in your argument that capitulation will not come from Nasdaq investors.

Try 600 to 800 instead. Of course, by that time the Dow could be easily below 7000, and the S&P around 800 or 850.
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