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To: Sarmad Y. Hermiz who wrote (103679)5/19/2000 8:18:00 PM
From: Robert Rose  Respond to of 164684
 
<So when do you think NASDAQ will drop through 3000 ? >

By 6/28. That's "just" 9% from here.

<Is too soon to mention 2500 ?>

Yea. Too tough to predict the post-6/28 environment. I'm taking one thing at a time.



To: Sarmad Y. Hermiz who wrote (103679)5/19/2000 8:55:00 PM
From: GST  Respond to of 164684
 
Anything is possible in this market for now. I think 2800 will hold. A drop below 3000 and a rebound into the low 3000's makes sense to me -- a more protracted sell-off into June-July to around 2500 certainly seems to be within the realm of the possible. This is a bear market IMO - not a correction. Good luck.


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