Quote:
Originally Posted by Ethersync
6,000 is definitely not the bottom.
|
Assuming the US follows Japan's footsteps, the "bottom" for the market is 2800 DJIA. How? The Nikkei is 80% off from Japan's record high in the 80s. The DJIA's high is 14000. 20% of 14000 = 2800.
At least, the shorters are making money on the trip down.
