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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: nolimitz who wrote (4283)9/28/2000 5:17:27 PM
From: Clappy  Read Replies (1) | Respond to of 65232
 
With roughly 64 trading days left in y2000. I would say a 20%-25% jump in the naz to 5000 is more like a pipe dream.
Just like RMBS going to 200. Can it happen? Maybe. Is it likely? I doubt it!


Yeah but your prediction of it not making these levels is EASY.
Give us something worth while.
Anyone one can look at today's levels and say it can't be done.

No one would be impressed with that.

That's like predicting the weather in in Alaska might be cold this winter.
It's easy.
You'd be a good weatherman in Alaska.
However, you might miss the one day in December that it broke above freezing...

What pick do you have that would be impressive if it came true?

That's the challenge.

-AlRokerOfNome



To: nolimitz who wrote (4283)9/28/2000 7:36:58 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
the keys to Naz5000: earnings guidance Q4, Fed easing, crude oil, productivity, capital expenditures

do you have any opinions or comments or expectations for these critical factors?

you sound like you might expect...
poor guidance, no easing on horizon, steady high oil costs

what surprise do you see coming anywhere?
the stock market is REPLETE with surprises

I like to go out on limb once in a while
I expect a surprise in 2 of the 3

did you expect September to be strong after LaborDay?
tell the truth
I find your discouragement rather bullish
it indicates that you have probably reduced holdings, raised cash, and expect few opps upcoming

notice the important element raised cash
respectfully
/ Jim