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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (944)	3/23/2000 12:34:00 PM
From: country boy	Read Replies (2) \| Respond to of 4564

DLO: Did you catch JP Morgan's bearish call for the year? Dow 10300, S&P 1300 and Naz 3300... FWIW, the only news letter I subscribe to (but don't live by) is Dan Sullivan's "Chartist." His model had been bearish since last fall and he'd maintained only 50% investment; this means he missed all of the Naz's huge run (he confesses an inability to come up with a good model for the Naz's new characteristics). Just last Thursday, however, his model turned positive and he's 100% in now. Looks like he timed the "old economy" very well. best, cb