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


To: bentway who wrote (401557)7/25/2008 10:34:53 AM
From: tejek  Respond to of 1576346
 
How long do you think we'll be "bottoming" Ted? How much lower will the bottom go? Below Clinton levels?

What do I look like, Cleo, the psychic?

Right now, it looks like the bottom was put in at 10815 on the DOW and the S&P around 1200. I don't pay much attention to what the Naz is doing.

I personally think the bottoming process will be a long one this time....roughly 6-9 months assuming the economy holds up. However, if things get much worse, it could take longer. Its a good time to buy stocks in certain sectors that have been pummeled IMO.