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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: David S. who wrote (150864)9/4/2002 12:13:08 PM
From: tejek  Respond to of 1586313
 
General public expects DOW below 5000; NASDAQ at 1000.

Everyone is expecting the Dow and NASDAQ to go down, and a large portion are indicating expectations of the DOW to go below 5000. Some very bearish are saying that it could even go to 3000.


I think the Naz could easily see 1000 but I doubt the DOW breaks its July low of 7532. If it were to go to 5000 IMO we would be setting up for a serious recession. I don't think that's about to happen.

ted