Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (1103)	1/6/1999 7:49:00 PM
From: Freedom Fighter	Read Replies (2) of 1722

>>Say what one will, Abby Joseph Cohen's prediction of a year-ago for the Dow came very close to being realized this past Friday. Her prediction for year-end 1999 is a Dow of 9850, an increase of 7.8% for the year.<< The only problem Abby has going forward is sleeping and looking at herself in the mirror if she's wrong about the values. Considering that the Federal Reserve and Mr. Yen now concede we are in a big bubble, she ought to start getting the prescriptions she'll need for all that guilt she'll have from encouraging it. Then again maybe everyone else in the world who understands the issues is wrong and she is right.

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