[Tuesday 10/7]
Today’s 508-point plunge brings the Dow closer to our long-standing target of 7,200. But to get there, it still has a long way to fall — over 2,200 points.
And if credit markets continue to shut down the U.S. economy, it’s not safe to assume that 7,200 will be the ultimate bottom.
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That's it. Change your target as it gets closer..
Note: With two more days of declines, only 1400 points to go..
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[10/10/08] Roubini has revised his target from 8500 to 7000
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