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To: patron_anejo_por_favor who wrote (123819)9/19/2001 2:56:36 PM
From: rolatzi  Respond to of 436258
 
Five year lows in the DJI have been pretty good in being near bottoms and safe for investing.

For example, the gain 9 months after 5 year lows was:
June 1921 +112%
May 1931 +39%
April 1942 +89%

In 1931, despite the five year low, the economy was still in a deflationary spiral and interest rates
rose during that year. So if interest rates continue to ratchet down and we don't go into a deflationary
spiral, which I assume the Federal Reserve will do all it can to avoid the following are my target 5 year
lows for the popular averages.

Rolatzi
COMP 1200
NDX100 780
INDU 6000

These numbers can be reached by the end of this year.



To: patron_anejo_por_favor who wrote (123819)9/19/2001 5:51:53 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
'98 lows likely to be seen by October imo.



To: patron_anejo_por_favor who wrote (123819)9/19/2001 6:03:53 PM
From: yard_man  Respond to of 436258
 
I do get a teeny bounce in the morning, right?? <vbg>

Congrats on some of you r picks and thanks for sharing.