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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1456)9/20/2001 9:32:14 AM
From: Lone Ranger  Read Replies (1) | Respond to of 10065
 
justa,
i came across some reading that indicated that many of our bottoms are made between 20% and 30% from the exogenous event or initial plunge. take this amount off of the monday sept 10 close for the following:
sp500 1092.54
dji 9605.85
nas 1695,38
vtsmx 24.37
if we go down 20-30 percent from these figures, then we still have a ways to go.



To: Justa Werkenstiff who wrote (1456)9/20/2001 9:51:50 AM
From: Lone Ranger  Respond to of 10065
 
justa,
i had time so i ran the numbers,
20-30% declines from monday's sept 10 close are as follows:
index -20% -30%
sp500 874.0 764.0
dji 7684.0 6724.0
nas 1356.0 1186.0
vtsmx 19.46 17.06