Well by saying what I said in the last few posts I am streaching my abilities and kinda just saying what I feel will happen. I knew where the top was and I will know when the bottom will be as it moves into it.
On these shorter term moves I am not really that capable yet of seeing clearly everything that should take place... however If the bottom for the medium term was to be in October this year, the Dow should be somewhere around 8000.
Personally I think it will probably be a double dip bottom meaning it will get away with probably 8800'ish and have its secondry bottom late 2006 early 2007.
You would expect the Dow to probably drift down to 10,000 by September and just fall straight down from there.
But please note, majority of the above is only what I feel, so don't write to much into it and expect it to happen exactly like that.
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