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Non-Tech : The Critical Investing Workshop
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To: Dalin who wrote (34502)1/2/2001 4:33:37 PM
From: jambo-bwana  Read Replies (1) of 35685
 
That would MORE then work for me. <g> I'd be ecstatic with about half that........2800-3000.

Ahh! How times change!!

There was a time when 2800 was viewed as a bottom for this decline - now all we want is a bounce to that level -g-

I feel pretty sure that will occur - though how low we go before we get that bounce remains to be seen.

IMO, we will probably not see a decent bottom until the DOW and SPX break down as well - but, in the meantime, we could get some counter-trend rallies which will likely be sold.

Since we are talking past history, after the '74 bear market I think that I read somewhere that it took 6 years for the averages to reach the peaks that were reached prior to that bear market commencing.

So how does 2006-2007 sound for the Nasdaq Composite to reach 5200? -g-

Happy new year
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