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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (47211)4/30/2000 3:45:00 PM
From: Lazarus_Long  Respond to of 94695
 
<< GZ, <8000> that is pretty drastic don't you think? >>
We tend to forget it, but 8000 was less than 2 1/2 years ago. In the '73 bear market, the Dow backed up 10 years. Going back to the levels of 2 1/2 years ago seems easily attainable.
Success contains within it the seeds of its own failure.



To: Rich1 who wrote (47211)4/30/2000 6:59:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I don't know... the chart pattern offers a break of 8,000 as a measured move... it doesn't mean it must go there, just that 8,000 would satisfy a measured move of the chart pattern now developing for the DOW..... for sure, if it does get down to that level, it would be one heck of a buy...<g>

GZ


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