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Pastimes : Things That Annoy Me

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To: Wigglesworth who wrote (1703)11/24/1998 1:10:00 AM
From: Wigglesworth   of 4023
 
Weatherman turns Technical Analyst

WSJ 11/23: Prudential's Acampora now will forecast year's end DJIA thrice a day:


One of the day's odder debates involved Ralph Acampora, a prominent stock-market analyst from Prudential Securities. Mr. Acampora, whose bearish comments had helped drive down the market in August, now has turned sharply bullish, recently forecasting that the industrials would hit 10000. News reports during the day Monday quoted him as having told Prudential salesmen that he saw stocks climbing as high as 12000.
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