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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (10928)12/5/1997 9:40:00 PM
From: Investor2  Read Replies (1) of 94695
 
RE: "I agree with your target of 9000, in fact I think we could see 10,000 and more down the road."

You may remember that people were routinely making projections of 9,000, 10,000 and even higher just before the recent correction to 7150. The recent minicrash put a stop to all of those projections and brought in a swarm of projections of 6,600, 5,600 and lower.

Yesterday, I pointed out to Bill that his call for 8,800 was the first time I saw someone put a projection that high in writing since the crash, so I gave him my Bravery Award. But now, you get the award for bravery! Just one day later, you come out with calls for 9,000 and 10,000!

Who will be the first to call for 12,000? Any takers?

Best wishes,

I2
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