Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : MELT-UP or MELT-DOWN: Cast your Vote -- Ignore unavailable to you. Want to Upgrade?

To: Eva who wrote (302)	4/28/2002 9:31:18 PM
From: Jeff	Read Replies (2) \| Respond to of 361

the last double top at 1942 and 1946 will be the high on nasdaq for a few years.. soon we bleed down to 1400's....then for a few months this summer we trade in a channel between 1490 to 1650..... then off a double bottom bounce in either august or sept.. the nasdaq has its final run to the 1750 area..... then the final phase of the bear market kicks in as nasdaq bleeds down to 1100 to 800 in 2003.... dow below 7000 SPX..below 600 all this caused by high consumer debt....the crooks on wallstreet as in the likes of the merrill news....well all the big houses fall like domino's....inflation returns....foreign investors pull out in mass..... just a note.... the last run in nasdaq to 1750 will be your last dip in the gold bull market.......and one last chance to get gold stocks cheap..... once the masses realize the nasdaq and dow aren't coming back....once that 1350 area low is broke.....the panic will be of historic proportions....and the flight to safety will be gold stocks which are already riding much higher....but the panic buying in gold will send these to bubble levels as the crowd will be the last to the party as usual and be buying near the top of a parabolic move in gold stocks... the shift to gold is already happening.....and the nasdaq and dow are now in the early signs of a major breakdown....all this can be seen on monthly charts... most folks can see it happening....they just don't want to believe it...those folks will be selling near the bottom and buying gold at the top...