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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (12665)3/14/2001 9:50:06 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 30051
 
the long bull market took Dow from 4000 to 11,000
I think a 3/8 or 1/2 retracement is about right
but only if the economy via monetary policy continues to be mismanaged
3/8 would take Dow down to about 8000
that is my target next year
/ jim