Re-posting this wild assed guess from Sharck thread so that all my bashers will have a clear target at me this month and this year.
Tomorrow - software, more tech dogs rally, telcos start up
Monday - last wave of buying high-fliers then some profit-taking but they remain high, Buying meets selling.
Tuesday - the defensive and more boring stocks get more attention. Something like FON could jump 4 points.
Wed - more of the same
Thurs - more of the same
Fri - maybe some profit-taking
Week after - flat
Week after that - back up as Fed cut looms.
Fed cut week - one last big rally then profit-taking
After that - up and down and flat. Value stocks. Oil stocks. Best techs. Rebounds. Still mostly up though if we're high enough thing market will hit some dog days of summer and wait until real positive earningds the next quarter. Assuming they get them back up again. If we don't then down.
Here are my guesstimates for the year.
Targets this year: LU-17-19 (or buy-out at 25), IBM-149, UIS-24, LOR-5 (buy-out or alliance), NT-29, WCOM-27 (or buy-out at 35), FON-31 (or buyout at 35), VZ-75 (after IPO), SBC-64, EMC-55, AAPL-35, GE-59, PALM-14, ERICY-12, NOK-40, MOT-22, INTC-47, CSCO-30, SUNW-30, COMS-10, ELNK-15 (or buyout at 20+), NITE-25, NOVL-9
Oils up 10%, Retailers - flat, Drugs - flat, Financials up 10%-15%. There will be plenty of buy-outs.
Shorting candidates - very few, only short-term after extended rallies or on special situation bad news which isn't known about yet.
You can see some are nearing that and a few will triple.
The worst punished will be the best recovery stories and the most dangerous to short.
Those are my calls.
I've been right for the past 2 weeks so now maybe someone will listen to me. My crystal ball tells me so. Also I think some of these numbers may be conservative.
But really, don't take my advice. These are just guesses. Do your own DD and take your own chances. |
