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To: Uncle Frank who wrote (3630)7/14/2000 3:28:01 PM
From: pirate_200  Respond to of 10934
 
> Since the high was 124 on 03/10/00, Terry's credibility
> quotient is pretty low. Or maybe traders don't need dd.

He said: "I think the stock has a good shot at the
March 24 high at 110."

If you look at this chart, that was the daily high:

chart.yahoo.com

So, I assume he means that he thinks it will get to that
March 24th plateau, but he doesn't see it pushing through
the earlier in March, 52-week high. Most likely he thinks
the rally won't continue long enough for that to occur.

I personally think we'll fizzle soon in the market for
the remainder of the summer and things will get rolling
again this fall. Of course, all this short-term baloney
is meaningless if you're sitting tight with a long-term
view.