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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (965)	5/24/2002 6:16:52 PM
From: exp	Read Replies (1) \| Respond to of 30712

Paul, no question that in a crash situation or with lower "core" earnings estimates COMPQ 800-1100 is doable IMO. Of course, Velo and some others mention the 300-500 range as the ultimate "theoretical" bottom. 90% drop from the COMPQ top at 5000 gives you 500 matching the DOW decline in the 1930s. This tulipmania-like NDX chart shows that in 1995 NDX was below 500 and in 1990 NDX was at about 200. The 1995 value might be doable. finance.yahoo.com^NDX&d=c&k=c1&a=v&p=s&t=my&l=off&z=l&q=l