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


To: Jim Willie CB who wrote (21667)12/3/2000 11:51:52 AM
From: RR  Respond to of 65232
 
Jim: Market is so sensitive to any bad news. Wish it were more resilient as I expect more warnings. Agree that Q1 is going to be difficult.

Any sustained rally is going to be met with a lot of selling. Folks more cautious. Zig/zag up.

Lot of discussion past few days about the 2500 level. After that 2200 of course. But, seems the so called experts say that if we do go to 2200 it won't last long. So hard to call isn't it. I have gotten a chuckle listening to the programs with the experts over the weekend. Heck, they don't know either. They are all over the radar screen.

Last year from now to year end, Naz went up about 23.5%. If we do that again, we'd be at about 3266. Realistically, I don't think that is achievable now this year. But, I think 10-15% up from here can be achieved by year end given some good news. We need a catalyst.

Have a great Sunday, Jim.

Rick