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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 672.07

-1.7%

4:00 PM EST

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To: Michael Rich who wrote (15069)	1/10/1998 10:55:00 AM
From: Logain Ablar	of 67886

Michael & Judy: Last night Abbey Cohen was bullish and when questioned on individual stocks the two she liked at these levels are MU & PSFT( hopefully my stock ARSW will benefit from this one). She's predicting DOW @ 8,700 based upon S&P trading @ 18X this years (might have been trailing, not sure) earnings (which she says is low from historical point in low inflation market, where its traded @ 22 to 24 times earnings. She sees S&P earnings increasing by 8% in 1998. Looking for earings over next two to three weeks. I'll post more later on Idea thread. Tim

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