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Strategies & Market Trends : Classic TA Workplace

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To: Death Sphincter who wrote (68120)3/8/2003 12:07:30 PM
From: mishedlo  Read Replies (2) of 209892
 
10,500 DOW would not surprise me or 1700-2000 NAZ or even more, like approaching 3000.

Those are totally insane and no one would consider Naz 3000 to be a "failed" move under any circumstances.

Just not gonna happen.
Itb takes $ to prop up the market and too many people are begging for rallies to get out half alive.

The large failed move might happen from say Naz 900 to 1500 then back to 900.

That would be large and possibly doable.
3000 Naz is unlikley in our lifetimes.
DOW 10,500 is not gonna be seen again for 20 years if then.
M
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