Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (78175)	12/13/2007 9:18:57 AM
From: Real Man	Read Replies (2) of 94695

12700 -g- I'm not sure after that. We could be crashing then. There is some support at Summer 2006 lows, etc., around 1200 SP could be a panic bear market low, if we get a bear market -g- Stocks are cheap compared to bonds now, unlike in 2000. However, earnings could come down some in a recession. It would not be good for stocks if a major bank like Citi collapses. There are plenty of other support levels, let's deal with ones that are nearby first -g-

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