Naz Bottom???

[IIC]

Where do you the the Naz will bottom?

[IIC]

Where do you the the Naz will bottom?

My poll didn't show up...Oh well.

I say 2227.42...IIC

[Lyehopper]

Nasdaq Comp target....

Here's my redneck opinion....

[Lyehopper]

Here's my redneck opinion....

One more day like today and the Naz hits my "redneck target"....

[Jim Smith]

The retail index just broke down out of a huge symmetrical triangle.....the target appears to be around 77.50 on the RTH....Now, if retail is 2/3s of the economy, where do you think tech will end up?..... I am with Barry Ritholtz who believes the S&P will lose 25% by the end of this year......Jimmy Rogers is looking for a recession in 2007.

[lemonjello]

People should take Rogers much more seriously than most of the talking heads. He's a genius and was behind the success of the Soros hedge fund IMO.

He's incredible at trading big picture/economic moves.

The retail index just broke down out of a huge symmetrical triangle.....the target appears to be around 77.50 on the RTH....Now, if retail is 2/3s of the economy, where do you think tech will end up?..... I am with Barry Ritholtz who believes the S&P will lose 25% by the end of this year......Jimmy Rogers is looking for a recession in 2007.

[dmk112]

I think we may have finally bottomed today (short term)... I can see a bounce to 2.3k and then back down...this may be the start of a 10% correction.

[Lyehopper]

2,140.... a pretty close guess....

Here's my redneck opinion....

Well.... I was pretty darned close in predicting 2140. The IXIC reversed @ 2,135.81.... just 4.19 below my target.... jejeje

NOW! just tell me that Fibonacci retracements aren't relevant!