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Strategies & Market Trends : Roger's 1998 Short Picks

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To: larry who wrote (16593)1/6/1999 2:35:00 PM
From: Bob Trocchi  Read Replies (2) of 18691
 
larry...

>>DOW 10 k within a month. <<

Is the DOW the thing to watch or the Nasdaq Composite. The "blowoff" action seems to be more centered in the NAZ although the DOW is also going crazy. I am just curios however as to which one you think is a better indicator nowadays.

I would expect 2500 there before we see 10K on the DOW. That would be about an 8% increase for the NAZ vs. 5% for the DOW.

With that said, we may see 8000 and 2000 before 10,000 and/or 2500. My betting is that 10K and or 2500 will come first.

Bob T.
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