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Reply #8: I hope people realize yesterday was not the full extent of the correction [View All]

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kysrsoze Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-01-07 12:22 AM
Response to Reply #6
8. I hope people realize yesterday was not the full extent of the correction
Edited on Thu Mar-01-07 12:23 AM by kysrsoze
I think the correction is just starting (my readings seem to indicate that) and the Dow will likely drop further. My guess is below 11,000, maybe closer to 10,000. This has been a long time coming, with gains based on speculation and no fundamentals to back it up.

Still, if people want to just keep their money where it is and hold for the long run, everyone should be OK. I'm not anticipating a global depression.
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