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Strategies & Market Trends : Rande Is . . . HOME
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To: STEVE who wrote (57485)1/22/2008 7:57:14 PM
From: Rande Is  Read Replies (2) of 57584
 
Yes, Steve. In my Jan. 16 post, I predicted the Dow would drop 1,500 points in the near-term. . . to 11,000. I still believe that is where it will settle and find some footing. The way bad news is piling on bad news, there is little to believe we have seen the worst of this. There is also no guarantees that we can hold 11k. That will depend primarily on the politicians and the Fed and how we are perceived by the global markets as handling our economic woes.
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