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To: Shack who wrote (64427)2/2/2001 9:02:28 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
minimum 72 hours...



To: Shack who wrote (64427)2/3/2001 12:46:13 PM
From: Bid Buster  Read Replies (2) | Respond to of 436258
 
i can't speak for the dow...but awhile back i projected the long term nasdaq trading channel forward and came up with 98 years before the nasdaq will see 5000 again...but perhaps a future generation will create a spec bubble again in 40 years...greed has a way of erasing lessons of history



To: Shack who wrote (64427)2/3/2001 4:55:39 PM
From: yard_man  Respond to of 436258
 
I've wised up ... I don't make those kinds of predictions any more. Friday looks like it may have been a turning point for us to start grinding lower for a while -- some think on the next rate cut we'll get some buying, but I think it is "two strikes and you're out" for AG -- rate cuts have become irrelevant now. Othere tactics will be required to re-float the markets, if it can be done ...

All eyes on the dollar. I think we get a spike in inflation for food & energy, etc. that takes stocks considerably lower, whether it shows up in the reported numbers or not --

until then chant the mantra --

Fed member X says he sees no dramatic slowdown ...

Fed member Y says he sees no recession ...

Fed member Z says he sees no prolonged recession ...

Fed member ZZ says he sees a turnaround starting in the 4th quarter 01 ...

Fed member ZZZ says he sees a strong turnaround starting in the 2nd quarter 02 ...

I expect a strong stimulus package to start being discussed at the end of this year after the tax cuts are passed ...

For those with jobs -- 02 will be the year savings come back into vogue. It will kill the "consumer-led" economy ...

Got reduced expectations?