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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (2590)2/4/2001 12:25:36 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 15481
 
Cramer is saying he sees a total of 3 pt rate cuts by the fed in order to stem this recession. That would put rates back to where they were in the early 90s. If we get that then I predict 5000 on the naz in 2002.

Thats my story and I'm sticking to it! <gg>

rates DO matter, and I'm seeing a lot of brick and mortar money just entering tech now in software.



To: The Phoenix who wrote (2590)2/4/2001 4:23:58 PM
From: Rich1  Respond to of 15481
 
Just read Lizzie's reply to you before I responded and I agree with her that 3 cuts will get us back to 5000 within a year.IMHO BWDIK..<g>
Technology is not dead you of all people know that..
Its just scaring the crap out of us..<g>
Is the Internet not going to continue?.. Are people not gonna buy products.. of course not..
2 Weeks ago I looked up dog breeders in South Florida on Google..found one I liked..drove to Coral gables(about an hur south of me) found the Lab I wanted paid the breeder took the dog home.
Since then all the pet supplies I need I have bought on JBpet.com

I for one still find the whole thing Unbelieveable..



To: The Phoenix who wrote (2590)2/5/2001 12:10:58 PM
From: John Pitera  Respond to of 15481
 
I don't think most investors beleive that the NAZ will see 5000 anytime in the next few years. That was a bubble. It is gone. Think 10%-15% growth annually for the NAZ. That'll put us at NAZ 5000 in
maybe 5 to 8 years depending on how deep the economy sags and low the NAZ retraces.


OG, showing the wisdom of your years I see -g-.... I think that this type of outlook is more reasonable.

Kudos