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Analyst: US stock market crash may last 1 to 2 weeks, Nasdaq could fall up to 25%.

BlockBeats news, November 6 - Renowned US stock analyst Mark Minervini stated that he does not believe the US stock market will see a crash similar to 1987 in terms of decline magnitude, but today could lay the groundwork for some form of stock market crash that may last one or two weeks. "If the decline intensifies, SPY could drop 10%-15% from its high, with a worst case of 20%. The Nasdaq could fall 20-25%. A cyclical bear market like in 1998 may occur."

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