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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: lifeisgood who wrote (10319)10/12/2000 6:20:31 PM
From: sea_biscuit  Respond to of 42834
 
I think they are now talking about 2700 as a potential support... But when the crowd deserts the show, I don't think any support level will hold. All supports will be taken out like a hot knife slicing through butter.

Fair value for the Naz is probably around 1500. But, let's remember that bear markets seldom end at fair valuations. They are more likely to end at grossly undervalued levels...