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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (8219)8/29/1999 7:26:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
Justa re: from the AJC post
"Her current year-end target for the S&P 500 is 1325, and 10,300 for the Dow Jones Industrial Average. The S&P closed Friday at 1348, while the Dow closed at 11090."

Either she's calling for a drop in the market or I'll assume she hasn't reached the date she said she would update her numbers. Until she updates her numbers hard to tell how bullish she really is

Marc



To: Justa Werkenstiff who wrote (8219)8/30/1999 8:56:00 AM
From: Wally Mastroly  Read Replies (3) | Respond to of 15132
 
Justa, Re: Abby/3rd rate hike - link says = this year & probably October:

Link to Bloomberg & comments on Sunday CBS TV/Face the Nation:

bloomberg.com

"..Goldman's Cohen forecast a third rate increase by the Federal Reserve this year, probably in October. She expects stock prices will keep going up, though..."