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Pastimes : Prudent Bear Fund (BEARX): contrarian investing
BEARX 4.0500.0%Nov 4 4:00 PM EST

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To: Tommaso who wrote (738)12/29/2002 1:48:35 PM
From: Hawkmoon  Read Replies (2) of 793
 
BEARX is looking weak on the weekly chart, which suggests that we'll have a substantial "January effect" on the equity markets:

bigcharts.marketwatch.com

BEARX downside risk, IMO, is still around $6/share...

Potential for INDU to rise to 10K, and at an outshot of 11K by summer (figuring that the Iraqi situation does not rise to actual forcible US invasion, which I think might turn out to be the case)

bigcharts.marketwatch.com

It will be interesting to see... I like to put these "predictions" down in writing to see if I'm right later on...

Hawk
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