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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Haim R. Branisteanu who wrote (78651)3/12/2001 12:50:55 AM
From: chic_hearne  Read Replies (1) of 436258
 
There is a big difference between today stock market levels, last March and the dire predictions of SPX 900 and NAZ 1000. As NASDAQ 5000 was way excessive so will be NAZ 1000 way to pesimistic.

So I guess my target of 500-700 on the Naz is not within reality? -ggg- [no worries, people tell me I live in my own reality all the time]

Take a look at prices of the NDX 100 and tell me a 50% haircut [at least] is still not in order, and this pretty much mirrors where the Naz as a whole trades. One only needs to look at the likes of the big caps, ie, Crisco, Intel, Sun, Microsoft, Oracle, etc to see we are headed for much more pain. JMHO
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