I'm sticking to my previous statement, that I think we are hitting a major low here. However, I wouldn't be surprised if we have to plunge for a few more days before we're there. Or maybe not. KJ is still out, everything is very negative, yet we had another fairly large down day. As I said before, this is a classic sign of a low, from what I've seen in the past. It may be that the Nasdaq 100 numbers do have to go negative. We're still not there. The Nasdaq 100 numbers for the past week:
Monday: 2.16
Tuesday: 2.78
Wednesday: 3.05
Thursday: 1.57
Friday: 1.39
That 1.39 number is the lowest number so far this year. But again, maybe it has to go negative. That could happen in a couple days to a week. So there could be some scary days just ahead. Or maybe not. Maybe we're at that low already.
Rob
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