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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (3375)3/24/2001 4:52:01 PM
From: Susan G  Respond to of 5732
 
Well if you need another dose of opinions, turn on CNN moneyline right now. A guy named Richard Russell (I forget his credentials) just said that this is going to be the worst bear market since World War II, and his target is Dow 6k.

I've seen too many Dow 5 and 6k predictions this week to ignore...it's either a sign of the bottom or....

And now Ralph, hum that's a bottom sign if he gets bearish <g> as well as myself getting bearish - a great contrarian signal usually. USUALLY.

But I also keep in mind that they were calling for Nas 6k at the top and the exuberance is now possibly going overboard to the downside.

Certainly something to keep in mind!