The Black Box

[mjk]

Hey CJ, I had been thinking about something like 98 for a long time but I don't think it will be nearly that severe anymore, not unless we were to run to 3500 in the next several months <g>

I think something like 2865-3060 is possible, then drop to 2400-2600...that's still a decent correction, but nothing like the 30%+ of 98...that was getting late in the decade and was a final washout before the bubble. Maybe we'll get something like that in early 08 after we're near 4000, then they'll blast us back up to new highs. JMO