Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (2519)	3/22/2001 10:38:42 PM
From: bambs	Read Replies (1) of 74559

agreed...sox need to be cut in half for starters...right now it seems to be a combination of denial dumb money and good olde jam jobbing that is pushing the sox. i don't know if i've told you before but my calls on the indexes are rather bearish...I think dow 3500, s&p 350 and nasdaq 650 could be since in the coming years. it all depends on greenspan though...he can float things for awhile with massive rate cuts...if we go the way of japan and get rates done to 1% or less in a hurry who knows? Nasdaq could bottom at 1100 and the dow and s&p may only get cut in half from here...5500 on dow seem like a give to me... anyhow...happy trading... bambs btw...i don't proof read my posts...sorry..i have a 11 month old here at home...i don't have time to check for spelling and what not

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