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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum -- Ignore unavailable to you. Want to Upgrade?


To: the navigator who wrote (105)1/21/2008 6:41:12 PM
From: sea_biscuit  Read Replies (1) | Respond to of 125
 
Thanks. If Puplava meant upto 15% declines from the levels at the start of the year, we could be looking at these levels :

Dow - 10880
S&P - 1200
Naz - 2130



To: the navigator who wrote (105)1/21/2008 7:41:39 PM
From: the navigator  Read Replies (2) | Respond to of 125
 
Just to finish my thought:

The DOW was around 12,796 on the January 5 broadcast and today it closed at 12099
-10% = 11516
-15% = 10876

The NASDAQ Composite was around 2505 on the January 5 broadcast and today it closed at 2340
-10% = 2254
-15% = 2129

The S&P was around 1412 on the January 5 broadcast and today it closed at 1325
-10% = 1270
-15% = 1200

hopefully, we'll see capitulation soon so we can get back to the volatility instead of this one-way street. I'm starting to consider closing my bank account.