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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject9/7/2001 5:53:03 PM
From: besttrader   of 37746
 
Projections --> A true stock market bottom by mid-October as the bulk of the third-quarter earnings reports start to roll in, and when expectations should be sufficiently low to see some positive surprises when earnings are released.

``At that point, we are expecting the Nasdaq Composite to have reached the 1,500 mark and be positioned for a rally back first to 1,800 and then to 2,000,'' Headley said. ``We expect the S&Ps to have reached the 1,000 level and be positioned for a rally back to 1,100 and then then to 1,150.''
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