tag:blogger.com,1999:blog-9026484337051027793.post1210122412495426773..comments2008-10-17T03:06:56.696-04:00Andyhttp://www.blogger.com/profile/14309605333128481208andy@savingtoinvest.comBlogger2125tag:blogger.com,1999:blog-9026484337051027793.post-40604514442416867032008-10-17T03:06:00.000-04:002008-10-17T03:06:00.000-04:00I don't doubt DOW below 5,000. Here's why: <BR/>"Barreling Towards Babylon"<BR/>http://templestream.blogspot.com/Rick Wardenhttp://www.blogger.com/profile/09689451026838986088noreply@blogger.comtag:blogger.com,1999:blog-9026484337051027793.post-78051831570390517932008-10-16T14:56:00.000-04:002008-10-16T14:56:00.000-04:00Andy,<BR/><BR/>I hope we won't reach 5000 on the Dow. But if we truly are going to have a great depression type of scenario (in the worst case)then Dow could easily fall 90% from its 2007 peak just like it did during the 1929-1932 bear. This would put Dow at 1500 :-)<BR/><BR/>Of course an important level to watch is 7,773.71 ( last Friday's low)Dividend Growth Investorhttp://www.dividendgrowthinvestor.comnoreply@blogger.com