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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (36991)12/13/2008 1:02:00 PM
From: Turbodiesel1 Recommendation  Read Replies (1) | Respond to of 207847
 
Because my trades usually last only 2-7 trading days.

There's no doubt the markets are quite bullish right now. But, pullbacks will occur and I've be quite successful trading them.

Eventually, I move retirement money back to the markets. But not until I feel we've reach the bottom.

I believe that to be around DJIA 6000- 6500, NASDAQ 1085 (possibly quite lower), and SP500 600-650.

I believe those numbers won't be hit til sometime in 2009.

Time will tell..... as always.......