SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Ask Mohan about the Market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cynic 2005 who wrote (17631)3/11/1999 4:00:00 PM
From: Investor2  Read Replies (2) of 18056
 
Re: "To all, in no more than two more trading days, THIS BULL-MARKET WILL BE FINISHED! Most likely top is today."

Wow! It is very refreshing to see a firm projection. I'm getting very sick of seeing statements like, "if the market closes above xxxx today, we'll se a huge rally; if it closes below yyyy, we'll see a retest of the October lows - we'll know which way the markets going in a few days." My compliments on a nice, concrete statement.

As far as the essence of your statement, let me say this. Almost a year ago, tekgk calculated that a blowoff of similar magnitude to the 1989 Japanese top would take the DJIA to 10,200. (Are you still out there tekgk?) I thought that was a reasonable comparison then and I see no reason to change my opinion at this time.

Best wishes,

I2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext