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Strategies & Market Trends : Waiting for the big Kahuna

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To: Thomas C (Hijacked) who wrote (22950)8/1/1998 11:12:00 PM
From: P.Prazeres  Read Replies (3) of 94695
 
Thomas,

I think its too soon to even consider support in a "crash". 4000, 5000, 3000, who knows. Having said that, I don't think it will happen with the conditions that exist today.

Hypothetically speaking, if it were to ever occur, the downside would simply be unpredictable. Remember, that so much 401k money has helped propel this market up, a kind of reverse domino effect.

If the same ever were to happen on the down side, things would be horrifically gruesome...so much so...that even the BK thread would regret it.

But, once again , that's all hypothetically speaking.

Paulo
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