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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (12445)6/30/2002 4:46:48 PM
From: 16yearcycle  Read Replies (2) of 57684
 
FWIW, I am not shorting Manu..., not that you said that.I have 6000 shares long. Enough for me for now. I agree with the probabilities. The bears are over the edge now, now expecting 500-800 on the nasdaq. The nasdaq was at 300 to 400 in 1987 as I recall. Frankly, in the big picture I think we may still see 1250-1280 on the nas before the end of the year, but I also think we are going to see 2500 within 18-24 months...maybe even 2900. There is a whole new investor class that only knows down now, and guys who have been around for 10 years have no idea what to think.
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