the 30s. Consider this: The Nasdaq has sold off 65% from it's high of 5132. Every major indices has bottomed no worse than 63% of their all time highs. Even the Nikkei bottomed at 60% in 91. The only time the market dropped lower than 65% was during the "Great Depression" I think the markets dropped 80% I mean we are at the extreme levels of declines. IMO=I'm firmly convinced we are at a bottom on the Nasdaq.