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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who wrote (1041)2/25/2001 3:17:55 PM
From: Paul Shread  Read Replies (3) of 52237
 
Acampora set a downside target of 6500 when the Dow was at 7500 or so in October 1998, as I recall. It is not a stretch to call him a contrary indicator. On the other hand, a stopped clock is right twice a day. Maybe he's due to actually save people some money for a change. ;-)

There haven't been a whole lot of analysts who've distinguished themselves this last year. Abby Jo called the top in tech -- but then told people to buy at 3700, so she gets one hand clapping. There was the guy who called the semi cycle peak last May whose name absolutely escapes me (definitely a call that deserves kudos). And I'll give points to Holly Becker at Lehman, who told people to sell Yahoo at 130 last August. And that is the short but distinguished list; any other candidates? I think Applegate's record isn't bad, as I recall, although he just turned more bearish too.
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