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To: long-gone who wrote (69415)5/18/2001 10:24:37 AM
From: Alex  Respond to of 116796
 
<<The publisher of the Street Smart Report newsletter, who correctly predicted stocks' 2000 swoon and their April rally, says the Nasdaq Composite Index is headed for a 40 percent slide. The Standard & Poor's 500 Index and Dow Jones Industrial Average will take hits of more than 20 percent, he says.

``We won't see the low until October,'' Harding said in an interview. ``Perhaps 8000 on the Dow, 1200 on the Nasdaq.'' He predicts the S&P 500 will slip to 980.>>

quote.bloomberg.com



To: long-gone who wrote (69415)5/18/2001 10:46:54 AM
From: marek_wojna  Respond to of 116796
 
I got it first time, Ken is just in majority IMO who thinks pullback is on the way. May happen, may not since fundamentals are on our side, the longer strong dollar last the bigger debt burden on US. Outcome might be more than interesting since the US exports are FALLING in the same time.


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