Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	6/24/2002 12:57:44 PM
From: Softechie	Read Replies (1) of 99280

Prudential on Investment Strategy : Firm thinks market may make a double bottom, and then rally back to at least year's highs by end of Y02. Twelve months following previous two double bottoms in 1962 and 1974, S&P was up first 33% and then 38%. While there are no guarantees in jittery market environment, firm is reasonably sure that profits recovery will continue through at least Y03; although concerned about having lost a generation of investors (much like after Great Crash), firm is not convinced that individual investors will not come back to market.

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