Main >> General Discussion >> Prediction: Market Correction or Market Heading Lower?

Post Reply
Prediction: Market Correction or Big Market Decline?
Posted By: enhanced on 05-16-2006 2:23 am
Posts: 1
  
What is your prediction: are the markets in the middle of a correction, or will the markets be heading substantially lower?

My opinion is that this massive sell off we are seeing is more than a correction, I believe the markets are heading significantly lower. I see NASDAQ bouncing between 2100 to 2200 for 2-4 weeks. I do not think NASDAQ will hit 2000, but breaching 2100, in my opinion, seems possible and likely.

What is your prediction regarding the market action we are seeing around the world right now?

Best Regards,
Enhanced

Search

Members