How low will it go down?

[exce26]

The war is coming in short time
How low the market will it go?
What will it take to bring it up?
We all know it will take time though....

 

[exce26]

it's safe to say we will see the S&P 500 at new lows, and we can probably throw the Nasdaq into that group as well
Panics and huge down openings, historically speaking, tend to lead to short-term reversals. What we've had for the past several weeks has been a slow erosion down, so a fast-paced down opening would be a welcome short-term change. If we don't get a fast-paced opening, then we can expect that slow erosion to continue

from Thestreet.com

 

[Nicodemus]

There is no one in this world that can answer that question for you.

 

[version77]

I think the market is going to go to the bottom, then
it will come back up again... :eek:

 

[Atlantic]

but this article gives a very reasonable idea of what is probably still to come:

http://thestreet.netscape.com/comment/streetsidechat/1289155.html

(thanks to sniper trader 1 who originally postet this link!)

 

[tntneo]

no more patriotic 'buy the market' sillyness anymore ?
OK, maybe we are closer to the bottom then.

don't fight the market.