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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (58109)6/15/2002 11:31:53 AM
From: GROUND ZERO™  Read Replies (2) of 94695
 
How about a temporary bottom, for a few days, maybe a few hundred DOW points, but you can expect the selling to continue into late July or August at the earliest including a break below the DOW 8,000 level, at least, maybe much lower... I just had breakfast with a couple of very savvy market fund managers, one manages a hedge fund which is up 49% so far this year (so he says) who personally told me the think the DOW could see 4,000 or maybe even lower than that before the selling is over.....

GZ
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