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.
Non-Tech : Raptor's Den

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stockdoctor who wrote (2135)7/26/2002 5:48:11 PM
From: velociraptor_  Read Replies (3) of 10157
 
I agree with most. I think we'll get a strong rally after the next push down, but it may only last about 2 weeks at most and I doubt the indexes reach your last set of targets. after that we should head down for another strong sell-off into mid Sept or so. I am looking at that as a solid low right now that should last a while. Unfortunately at that time, the DOW may well be in the 5000's, the Nasdaq around 800 and the S&P in the 500's.

FWIW, I think 10,000 in the DOW is gone. Bye, bye. See ya. We won't see that level again for a long time, so you can put your DOW 10,000 hat away as it might become a collector's item for a few years at least. At this point, based on what I am seeing in the charts, 9000 is probably gone too. S&P 1000 should be gone as well and maybe even the 900 level.

Nasdaq won't see 5000 again for decades.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext