How low will it go down?

Discussion in 'Trading' started by exce26, Sep 17, 2001.

  1. exce26

    exce26

    The war is coming in short time
    How low the market will it go?
    What will it take to bring it up?
    We all know it will take time though....
     
  2. exce26

    exce26

    it's safe to say we will see the S&P 500 at new lows, and we can probably throw the Nasdaq into that group as well
    Panics and huge down openings, historically speaking, tend to lead to short-term reversals. What we've had for the past several weeks has been a slow erosion down, so a fast-paced down opening would be a welcome short-term change. If we don't get a fast-paced opening, then we can expect that slow erosion to continue

    from Thestreet.com
     
  3. There is no one in this world that can answer that question for you.
     
  4. I think the market is going to go to the bottom, then
    it will come back up again... :eek:
     
  5. tntneo

    tntneo Moderator

    no more patriotic 'buy the market' sillyness anymore ?
    OK, maybe we are closer to the bottom then.

    don't fight the market.