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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Diamond Jim who wrote (8664)11/13/1998 1:15:00 PM
From: Jeffrey D  Read Replies (1) of 42834
 
Jim, some additional information for us SPYder folks to consider. This is a Credit Suisse analysis of the S&P given today. Looks like if we bomb the heck out of Iraq we will get another buying opportunity. Crazy world we're in. Jeff

MARKET STRATEGY
Investment Strategy Christine A.Callies

The S&P 500 is due for a routine consolidation. This should not diminish the
market's ability to reach our 1175 six month and 1240-1250 nine month targets.
The downside is estimated at 1032 in conjunction with a hypothetical
disappointment on the subject of a Fed funds rate cut, possibly as much as 1006 in the event of military action in Iraq.
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