To: Dale Baker who wrote (5689 ) 3/11/2001 4:10:14 PM From: Mark Fowler Respond to of 57684 Hard to judge the PEGs since the analysts have no clue what 2002 will bring when higher oil and NG prices are sustained. Suffice it say they are LOW. << Dale i don't know myself and i think anyone knows for sure. i know when stock market goes, it will not be good for this economy or the economies of the world. Here's a piece i found that was interesting. And on my personal read on the market, it could happen. BW2128 FEB 22,2001 5:41 PACIFIC 08:41 EASTERN ( BW)(WA-JAS-MARKET-TIMING-SERVICE) Prominent Market Strategist Warns of Possible Crash, JAS Market Timing Service Inc. Announces Business Editors SPOKANE, Wash.--(BUSINESS WIRE)--Feb. 22, 2001--When James A. Shepherd predicts a stock market crash, investors sit up and take notice. Shepherd, a prominent market strategist and founder of James A. Shepherd Market Timing Service Inc. (JASMTS, www.jasmts.com), has a 100% success rate in predicting major market fluctuations using a computer Model he developed in the early eighties. And for months now his Model has been pointing toward a large-scale downturn in the U.S. stock market and the economy. So why are so many other financial analysts and brokers still staunchly bullish, advising their clients to keep buying? Simple, says Shepherd: they don't have the benefit of his computer Model - and they're making money off their recommendations. Recent pieces in The New York Times and 60 Minutes II, confirmed that some analysts receive commissions from the companies whose stock they promote to their clients; others work for brokerage firms that pour money into bringing companies public - making it worth their while to advise their clients to invest heavily. And the price to the investing public is dear. "Millions of small investors have lost money since the tech debacle that began in March of last year," said Stu Harper, Marketing Manager for JASMTS. "Some of these people are so upset, they've taken their money out of the market and will never invest again." By contrast, Shepherd's Model issues clear buy, sell, caution, warning and advisory signals which Shepherd then passes along to his subscribers. Since 1982, when Shepherd perfected his Model, it has issued just 11 major signals - the most notable being the "critical mass" signal, which indicated an imminent crash and came shortly after his Sell Signal in September 1987, which was issued just 41 days before Black Monday. While legions of investors lost their shirts that day, Shepherd's clients made millions. Shepherd developed his Model in the seventies and perfected it throughout the next decade. He back-tested it and found it successfully predicted every major market fluctuation over the last 100 years. When Shepherd was sure of his Model's reliability, he began using it to help his clients successfully invest. In the mid-nineties, he began offering his services to subscribers over the Internet. The Model issued a Sell signal in the late fall of 1999 and Shepherd put his subscribers into 30 year T-bonds thus missing the turmoil and losses most others felt with the drop of the NASDAQ in March 2000. His bond position was up over 20% by the end of 2000. Shepherd and his subscribers are now waiting for the Model to issue its next signal, which may either take it to another "critical mass" or an "all clear". As to the new administration's promises of tax relief, "The economy is slowing so quickly," he says, "there won't be enough money there to allow a tax cut when it comes right down to it."