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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (48990)	8/1/1998 7:57:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 58727

you're going to laugh, but I see a move to around 8300 in Aug followed by a sharp rally that fails by early Sept, then we get the kicker...... a visit to the high 5000's (on the extreme low of the panic selloff) during Sept-Oct. Then I think we'll grind it out over a longer period of time of 1 to 3 years w/ bounces and corresponding sell-offs to new lows as we slowly make our way to around DOW 4000 where we should bottom out. How's that for drunken speculation? (G) I do of course reserve the right to adjust my targets as the mkt unfolds. This is just my best guess at present. Things change by the second. -Lucretius