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.
Pastimes : QQQ & DIA - chat & chart
QQQ 608.86+0.1%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jon Khymn who wrote (145)6/6/2001 5:41:05 PM
From: Robert Scott   of 795
 
If you compute the numbers it comes up to:

Message 15900992

From today then, we have a gain potential of:

DJIA = 12.80%
S&P500 = 17.56%
Nasdaq = 23.77%

So the answer is yes if it does what it has done on an average basis over a long period of time. It has never been lower 12 months after a market low.

As to whether we have hit a market low, I think the evidence is pretty conclusive that we have - market action & rates. My model flashed a BUY signal at the end of April, 2001. In looking back since the Nasdaq began, the index was never lower after 12 months this signal.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext