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Knightbk · 10-28-2008, 07:19 AM

Personally, I think we will see the DOW bottom out in the high 5000's or low 6000's but unless something "bad" happens, it wont happen via a Panic Sell.

The recession and all the fear that goes with it will blead it out over the next 4-8 weeks and then the next few Quarters after that will probably keep it in the 7000-8000 range.

I doubt we will see another Bull Market for 2 or 3 years but it depends really.

I still think people who predict we will be "starving" are borderline retarded and will hold to that for a long time.

10-28-2008, 07:19 AM	#45
Knightbk Avalon Senior Member Join Date: Oct 2008 Posts: 73	Re: Monday Morning Madness in Oz......... Personally, I think we will see the DOW bottom out in the high 5000's or low 6000's but unless something "bad" happens, it wont happen via a Panic Sell. The recession and all the fear that goes with it will blead it out over the next 4-8 weeks and then the next few Quarters after that will probably keep it in the 7000-8000 range. I doubt we will see another Bull Market for 2 or 3 years but it depends really. I still think people who predict we will be "starving" are borderline retarded and will hold to that for a long time.