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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (37543)11/20/2000 7:16:26 AM
From: ChrisJP  Read Replies (1) | Respond to of 79214
 
Hi Mag, 2612 on the NASDAQ 100 I can handle.

1100 on the S&P 500 ? ..... as a "first stop" ?? ...... Man ! You must be real popular at parties ! lol

You must be expecting a real earnings slow down .... like a recession ... with no change in oil prices ..... and no rate cuts.

I think before things get that bad, there will be intervention. Rate cuts ... using some of that "surplus" the Treasury is running ..... or something.

We shall see,
Chris