I am on record that we will have lower lows coming in the next cyclical bear market within the current secular bar market. My current target lows are 6000 on the Dow and 950 on the Naz, the dow number is still the same as that forecasted April 2000, the Naz number was since halved, mostly because we lost almost half of all Naz issues in the period, and we broke the 1998/99 top of the box (1900/2000) and I expect us to revisit the 1995/1996 lows in the 950, if that is breached, I'll change the target further.
Zeev