Moguls Mantra to the Markets Message Board

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Non-Tech : Moguls Mantra to the Markets

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To: $Mogul who wrote (84)	4/2/2001 12:59:03 AM
From: $Mogul	Read Replies (2) of 220

Hello, Bob.. I think that this month of April..there will be a significant retrace in the Dow and Nas... I fear a blow up in the Banking sector and another global economy in serious trouble.... and i fear it is Latin America. I set my next Nas target close to 1500.., Dow 9100...will adjust as I see fit. Just as some feel that they want a bottome..which is ludicrious from a economic and world pov.... the US dollar has been pegged by many nations to there own currency reflecting a somewhat artifical support.. the bottom line is the US dollar is or could be in a state of flux in the very near future is what i fear... defensive and Oil as well as natural resources will continue to be in demand and could be the next tech like absurb valuations on the the next year or two. Indices will flucuate and create some very nice bounces as the increase of ss positions are getting broader in other industries that have not yet got hit to wher ethey should be..ie .RLX etc. So far this thread has been way ahead of the curve... your opinions are welcome.... Best Regards... -Mogul

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