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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (6369)10/5/2003 12:24:42 PM
From: Smiling Bob  Read Replies (3) of 19256
 
Shorts will clean up this week
More volatility lately with the next move south coming from recent highs
Look for possibly biggest weekly drop this year
4-500 points
Still looking for DOW target
Israel may fly it there
DOW closed Friday @ 9572

Message 19348250
To:ajax99 who wrote (6360)
From: scottonstocks Saturday, Sep 27, 2003 10:00 AM
View Replies (1) | Respond to of 6390

The last time I saw stocks crumble like this was back in Mar/Apr 2000
I'd play the safe side and probably raise cash
Look for further declines Mon.
We could easily get back to 9000 the next 1- 1 1/2 weeks, with the Naz doing worse. This is contingent upon 9300 giving up off of the open on Monday followed by a break of 9250 later. I think we will get it. More of a correction.
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