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Politics : Idea Of The Day
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To: JDinBaltimore who wrote (37292)3/19/2001 8:37:46 AM
From: Peace  Read Replies (2) of 50167
 
Hi John,

You certainly made an excellent call. Sell and hold seemed to have been the best strategy in hindsight. Your target of 1650 on comp seems possible. I track the NDX more closely than the comp and have an ultimate target of 1500 (based on one set of analysis) and 1600 on another. The NDX had a low print of 1627.8 on Monday, so we are in the bottom area. I would not be short at this point and would start building longs. I see at least 3000 on the NDX by late summer. So the risk/reward ratio is heavily tilted towards being long for the intermediate term. Of course this is all based on my opinion. Good luck.

Peace
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