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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (1978)4/18/2001 8:11:19 AM
From: Jerry Olson  Read Replies (1) of 5893
 
Live Headline
18-Apr-01
07:52 ET Abby Still Bullish : Goldman Sachs strategist Abby Joseph Cohen just squawked to the Goldman trading floor; still bullish but says that economy is weaker than expected and reduces targets as a result: cuts her S&P 500 target to 1,550 from 1,650 and Dow to 12,500 from 13,000; cuts S&P 500 operating EPS of to $56.6 from $60 for 2001, initiates 2002 at $61.50; leaves equity weighting intact at 70%. Despite reduced targets, she says stocks are notably undervalued and expects sizable returns in coming months.
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