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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: James Burke who wrote (8331)	9/6/2001 7:30:18 PM
From: tradermike_1999	Respond to of 74559

tradermike - If your prediction happens, where do you see the bounce taking the NAZ and DOW to, and what are the new lows come end of October? What, if anything, needs to happen to avoid such a scenario? I think it'll rally 100-150 points off of the lows. So around 1750-1800. I have no idea where the real bottom is. People will throw out some magical supports numbers by looking back to where the markets were years ago. It is meaningless. The market will make a new support when this is over and no one knows where it will be at. But be at least a couple hundred points lower than the last one. And maybe more.