Pokersam,
Your targets are so bearish that the odds of reaching them is just about nil. So much support needs to break for your scenario to come true. The major reason why the Year 2000 downdraft happened is because of the parabolic move up the year before. We had not even come close to a parabolic move up to warrant such a downdraft as you project.
Also keep in mind that the markets are managed, even more so now than in previous 'crashes'. Your scenario will be going against the big boys wishes. I just can't see it happening especially by Dec 16.
More upside action til Oct OE is probable. That would leave Nov and December for your downdraft to happen. Those are typically up months. Also you might have noticed that volatily is low and big moves are the exception not the rule. The current volatility tendencies will be against your price target being hit by your time target.
Good luck anyways, I know you will take short-term profits no matter what happens.
News 
Market Data 
Discover 
AI
