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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (160)3/15/2001 10:10:42 PM
From: Stoctrash  Read Replies (2) | Respond to of 1063
 
Abby Flabby yapping her trap again.....BIG YAWN!!!
biz.yahoo.com

Abby Cohen Says S&P 500 Undervalued
By Jim Loney

MIAMI (Reuters) - Goldman Sachs stock market guru Abby Joseph Cohen, one of the bulls who drove the record U.S. stock market surge during the last decade, said on Thursday that the S&P 500 is undervalued and technology and telecoms should be overweighted in investors' portfolios.

A week after telling clients to buy more stocks, Cohen said the U.S. economy is strong and reiterated her belief that the S&P, which closed on Thursday at 1,174, will hit 1,650 by year-end.

She said the Dow Jones Industrial Average, now at 10,031, will likely reach 13,000 by the end of 2001. Goldman Sachs does not forecast the tech-laden Nasdaq Composite Index



To: AugustWest who wrote (160)3/15/2001 10:46:40 PM
From: John Pitera  Read Replies (2) | Respond to of 1063
 
INTU really got hit today. I'd be cautious on it near term as well.