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Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.23+0.6%Dec 16 4:00 PM EST

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To: long-gone who wrote (16829)8/28/1998 4:38:00 PM
From: Roderick Francey  Read Replies (3) of 116815
 
Cohen still Bullish .. and projecting 9300 for the Dow?!

IMHO, I just can't see the Dow getting anywhere close to 9300. There's too much financial chaos in the world. We need stability before we can start posting gains.

From Yahoo:

One of the market's leading bulls, Goldman Sachs & Co. strategist Abby Joseph Cohen, said on Friday stock declines are ''out of proportion'' with fundamentals and U.S. equities are 7 to 10 percent undervalued.

She reiterated her year-end targets of 9300 on the Dow and 1150 on the S&P500.

For complete story:
biz.yahoo.com
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