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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,695.14
(
-0.31%
)
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SFSecurity

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SFSecurity

Re: None

Monday, 08/24/2015 4:13:46 PM

Monday, August 24, 2015 4:13:46 PM

Post# of 47076
Hi Gang, Anybody up for a nickel bet? Where do you think the DOW will bottom out before headed back up or would you take a wild ass guess that it has gone about as low as it will go?

If we look at the high point $18,312 and the close of the day, $15,989, that is only ~11%. (These are Yahoo's figures.)

My wild ass guess is we still have a ways to go. If it does not stop at around $15,350, ~16%, it will go down to around 14775, ~19%.

So are we in for a "full" typical correction or just a mini?

Best,

Allen
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