Will we see +200-300 dow +50 nasdaq days soon?

Discussion in 'Trading' started by scriabinop23, Jan 12, 2007.

  1. Seems the market likes to creep up - no giant buying days.

    I remember the good old days of tech bubble era, a few 500+ dow days.

    Anyone see the steam picking up on this bull market?
  2. look at this 5 year chart ran from 7200 to 10800 and traded sideways 3600 added to 10800 would get us to 14400

    that fist run had some pullbacks but not that bad

    thats about 1800 pooints away?????????????
  3. forgot the chart

  4. S2007S


    I really do think those days will be here soon. I think the days of gains of 200 and 350 points are only months away. Triple digit gains and losses will be frequent.
  5. As soon as the runaway herd mentality takes control we will see a massive surge.

  6. S2007S


    I could agree on nasdaq 4000-5000 by 2011 or 2012 but 7000-9000 no way. What will create that kind of surge in only 3-4 year. The dot coms did it in the late 90's what will cause the sudden rise like you predict?
  7. The rally will feed on itself as more people enter the market trying to chase higher highs.

    As the market keeps going higher this results in more hype which causes more people to enter the market, market goes higher, more hype, repeat. This is called a positive feedback loop.

    Big trading funds will move the market higher as well. Hedge funds, computer trading, ect.