Quote:
Originally Posted by PaceAdvantage
2600 is my first stop on the way down.
When it gets down to 2600, we'll see where we are and reassess from there.
This market has to correct 50% from the runup from 2009 bottom. minimum
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I think 2400-2600 is the worst it would get, that is 50% of it's all time high and matches the drop from the last two collapses. I wouldn't be surprised if it takes a very long time to get to that number and to come off it.