Dow 10,000 or 8,000 -- What's next ?

Discussion in 'Trading' started by TKOtrader, Jun 24, 2003.

  1. i hear alot of people say that we're not in a bull market , just in a bear market rally.

    having said that, what do you think the dow will see first , 10,000 or 8,000 ?
     
  2. dgmodel

    dgmodel Guest

    funny how a month ago everyone was bangin' on about being short, and bearish at 9000 yet you see the results on this thread and most say 10000 is next...
     
  3. funky

    funky

    we should have a forum just for these types of questions....call it....gamblers anonymous.
     
  4. ttrader

    ttrader

    Dow 0

    ttrader
     
  5. Flip a coin. It has the same chance of being right...

    Natalie
     
  6. I bet we will see DOW ~6000 soon!
    P.S.
    we may visit DOW 10,000 briefly but on the long run.....hold on to your pants....
     
  7. Don't know, but long term (80+years) Log scale chart has base support at between 5000 and 5500. I guess we'll all find out soon enough :)

    Natalie
     
  8. prox

    prox

    well going by the Bradley model, we're getting close
     
  9. fabrizio

    fabrizio

    not even 8000, but 5000

    This is what I think

    Looking at the market in long term We are retracing e W4 headed for a W5 DOWN

    If You use the Tom De Mark studies we have at least 7 or 8 quarters DOWN .

    I'm not an analyst but a trader, so take my saying for what it worth
     
  10. ttrader

    ttrader

    In the next future (1y+)10000 is nearer to reality. USA has only one chance to get out of this unbelievable mess it is stuck in nowadays: propel its trade and industry, any other way is futile ...



    ttrader
     
    #10     Jun 25, 2003