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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Wally Mastroly who wrote (3734)3/11/1999 2:15:00 PM
From: Lars  Read Replies (2) of 15132
 
Wally,

>>>
"..Stocks got a turbo charge Wednesday afternoon as Ralph Acampora,
director of technical research at Prudential Securities and a well-known market bull, told a group of Belgian traders that U.S. equities, especially blue-chip Dow components, are in the ''early stages of another bull market.''

Acampora said low inflation, low interest rates, the technology revolution and a peacetime economy are all supporting stocks. The fact that blue-chip companies are leading the market means ''the market's telling me that it wants to go up, because it's led by quality,'' Acampora said, predicting that the Dow will climb as high as 11,500 sometime in the third quarter...."
>>>

Contrary indicator? HA.
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