Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.17

-1.4%

Nov 7 9:30 AM EST

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To: michael97123 who wrote (65018)	7/24/2002 10:56:59 AM
From: Sam Citron	Read Replies (1) of 70976

Prediction DJIA: 2005-7 That's a tough call, Mike. Three years is an eternity during which the Dow could very well range between the high and low of the entire bear market. But assuming that we are by then half way through a 16 year secular bear market that can be expected to overshoot on the downside as the previous bull market "overshot" on the march from 800 to 12,000, I would say that a DJIA range of 5,000 to 9,000 would be likely. Caveat: the DJIA tends to be much less volatile than our tech stocks. Please don't ask me to predict the QQQ. <g> Sam

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