soros predicting dow at 7000, page-56

I think we will see one last blow off today or one day this week. This thread has actually made me feel a little about where we are headed. When so many people are saying we are headed to 7,000 or lower, then that usually means we are at or near bottom now.

I think we will break just under 9,000, and then get some kind of a bear market bounce up to say 10,500 to 11,000. Time to sell at that point. We will start to erode again into the 9,000 mark. We will have a trading range of 9,000 to 11,000 or so for years. We are probably 5 to 10 years from seeing 14,000 again, IMO.

But then again, what do I know? :0