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Non-Tech : Elaine Garzarelli
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To: Zeev Hed who wrote (116)11/30/1996 3:49:00 PM
From: Paul Moerman   of 292
 
Zeev, I agree she should fess up, but wouldn't it be doubly ironic if she said to climb back on board, and then the market added insult to injury by dropping 10-20% over the following 3-6 months! I think that possibility may be partly (largely?) behind her present actions - what do you think?

I'm in the cautious camp. I think we'll see 5500 before we see 7500 on the Dow. Market extremes like we're experiencing now have never before continued without recycling periodically. This bumper crop of profits will be followed by a winter of declines - sometime! <g>

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