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To: sandeep who wrote (3930)9/30/2002 10:58:08 AM
From: JRI  Read Replies (1) | Respond to of 10157
 
Bear markets don't go in straight-lines (obviously)..if we "panic" dip below 7100...that would be a huge move in less than a year on Dow (-35%+)...it is not unreasonable to expect a bounce (if fear spikes) for a while, before more down in 2003 sometime (or maybe 2004)

Betting on a 1day time crash events (1000+)...well, that's not an odds bet...but there is a lot of air between 7100 and 7500-7600 (possible save from 7400-7450 though)