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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Wally Mastroly who wrote (7207)7/27/1999 9:43:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
..and from Ralphy-boys Techtalk:

prusec.com Outlook

Some excerpts:

>Intermediate Term
The consolidation of the past several months technically sets the stage for a good rally when prices break above this prior zone of stabilization. Well, two weeks ago many market averages broke to the upside, ending this neutral price activity and initiating a new uptrend in most market averages. We took this opportunity to raise our 1999 Dow target from 11,500 to 12000/12300-this is our conservative objective. Our more aggressive upside potential for the DJIA is now 12500/13000. The real message is individual stocks-they look terrific. See the sections below for new buy ideas.

Long-Term
Our long-term outlook is the same as our intermediate term outlook-very positive. We did not raise our original target of 1525 for the S&P 500 last week. We will maintain this level for this average for awhile. <
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