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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (10114)8/2/2004 6:18:17 PM
From: orkrious  Read Replies (2) of 116555
 
a snippet from richard russell tonight:

dowtheoryletters.com

From the year 2000 high, I expect another major down-impulse which will ultimately be compared with 1929-32. This decline will serve to correct the entire rise from Dow 577 to Dow 11722. I would expect this decline to take the Dow down to a low somewhere below 3000 and as low as 1500.
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