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gtober

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gtober

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Re: opnion post# 270

Wednesday, 08/03/2005 10:14:46 AM

Wednesday, August 03, 2005 10:14:46 AM

Post# of 358
Hmm indeed. Sounds a bit optimistic if he's expecting that anywhere in the next couple years. Maybe the 38% retrace. Seems to me it could take a lot of years for the fibo retraces to work out. Especially when we have 1/3 fewer stocks today than we had at Naz 5000. The big caps will have to be significantly higher, or we'll need another wave of IPO's like 98-2000 to see 5000 again.

But, it would be pretty cool if it happened. Again. LOL.

GT

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