How low will the indices go???

[peanuts]

These are my bottom predictions for the major indices:

COMPQ: 2068
INDU: 10383
SPX: 1213

When this happens, I don't know for sure but I am estimating that it will happen very close to July 4, 2006.


What are your predictions???

[DSteckler]

If the SPX starts trading below 1245, I see the potential for 1210.

[jiesen]

how much flatter can the bond yield curve get?

[IIC]

Naz 2120...then off to the races...IIC

[Runner]

Not sure how far the Indices go. I may need to ask the talking heads on CNBC. They are real experts in predicting what is going on…lol

[mimo_100]

how much flatter can the bond yield curve get?

It is already inverted somewhat --

[Rob]

Fibonacci Numbers

Using the low of the DJIA of 10,156.46 in Oct. '95 and the recent high of 11,670.19 the important Fibonacci retracement numbers would be:

23.6% 11,312.95
38.2% 11,091.95
50.0% 10,913.33
61.8% 10,734.70
76.2% 10,516.73


On the Nasdaq, using the low of 2,025.58 in Oct. '95 and the recent high of 2,378.32 the important Fibonacci retracement numbers would be:

23.6% 2295.07
38.2% 2243.57
50.0% 2201.95
61.8% 2160.33
76.2% 2109.53

[Lyehopper]

Is this a true rally? Or just a pause on the way down?

Is this a buying opportunity?.... Or.... Is this a good time to be short selling?

[DSteckler]

Is this a buying opportunity?.... Or.... Is this a good time to be short selling?

If you're unsure, stay on the sidelines in cash.

[Lyehopper]

If you're unsure, stay on the sidelines in cash.

You don't know me very well Dave.LOL!.... I'm short dude.... S.H.O.R.T

[DSteckler]

You don't know me very well Dave.LOL!.... I'm short dude.... S.H.O.R.T

Then why ask if this is a buying or selling opportunity?

[Lyehopper]

Sheesh!

Then why ask if this is a buying or selling opportunity?

It was a rhetorical question Dave..... that's freakin'WHY!!!!jejejejeje

[Jim Smith]

Drillers just starting to crack

busted bear flags everywhere.....

[Lyehopper]

busted bear flags everywhere.....

I don't have the guts to short the drillers Smitty.... Basic steel yes.... Drillers NO!

[lemonjello]

Is everyone annoyed by the talking heads on CNBC saying how stocks are fundamentally undervalued as the market continues to spiral downward?

Maybe it's just me.

How low will the market P/E's go?

Last end of week's P/Es-

DJIA P/E Ratio 21.11

S&P 500 P/E Ratio 17.74