Dow just went below 7000.
(Starting when the Dow was last near 10000, I kept asking him if we’d see 7000 or 13000 first. He first said 13000, then 7000, then a few weeks back switched back to 13000.)
OK, so next question, to repeat the 30% up or down…
Which do we see first from this point… 4900 or 9100?
That’s another 30% down from here, or 30% up from here.
Ivan?
[Update 14:49 UTC – Added parenthetical clarifying what the original question was.]