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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (46114)	5/2/2001 6:48:31 PM
From: Gottfried	Respond to of 70976

Cary, seems like it >My conclusion is that visibility extends out 6 months and wishful thinking follows that.< Some might call it guessing, though. And I haven't seen anyone who had 6 months of visibility yet. Kenneth Fisher is still very bearish. "Fall till the fall" Kenneth L. Fisher, Forbes Global, 05.14.01 It is still a long way to this bear market's bottom. I stick by my forecast of an S&P 500 bottom below 860 (it's now 1240) and a Nasdaq nadir of about 1200 (from 2080 currently). Why? Sentiment hasn't turned dour enough yet. My forecasting methodology is based on the broad consensus of market professionals, but not in a way they may like: Whatever they say will happen simply won't happen. [snip] forbes.com