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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (92060)7/7/2002 8:45:22 AM
From: onedrill  Respond to of 99280
 
Thanks for the warning Chispas.



To: Chispas who wrote (92060)7/7/2002 9:19:18 AM
From: Dale Baker  Read Replies (2) | Respond to of 99280
 
Someone can check the math but it looks like we have had roughly a dozen 10% drops from the NASDAQ 5000 high so far. Four more gets you Naz 900 or thereabouts.

Seems reasonable to think that there is a "sustainble" bottom somewhere between 900 and 1380. Those with cash left to go long then would then do fairly well over the next few years; it won't take much absolute increase to generate decent % returns in a portfolio.


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