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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (37343)2/9/1999 3:29:00 PM
From: yard_man  Read Replies (1) of 94695
 
The DOW would be very hard for me to guess. In the next few months I expect a "tech wreck" of sorts which clips more than 35% off the SOXX and probably an equivalent amount off of the NDX ... what will this do to the DOW? ... probably won't be near as severe -- maybe 25% tops ...

Longer term in the next year, year and a half, I expect the DOW to hit somewhere in the 5000 area ...

Is that bearish or slightly bearish? <g>
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