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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: chris714 who wrote (15059)8/14/2001 5:59:13 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
LOL. Makes you wonder if they reined him in. Sure was a strange exchange.



To: chris714 who wrote (15059)8/14/2001 11:21:07 PM
From: Ted David  Read Replies (11) | Respond to of 52237
 
Sorry about that confusion.

MY error totally in terms of percentage estimate. BUT I then called DeGraaf back (while Faber/Joe were on) to verify and what he told me was 20% on the Naz.... down to 1550 or so. NOT the Dow.

Originally, I thought I heard him say Dow as well... but he maintains that is NOT what he said or meant.

In any event, my apologies for the lousy math on my part...

td



To: chris714 who wrote (15059)8/15/2001 7:57:45 AM
From: Haim R. Branisteanu  Respond to of 52237
 
As far as analyst are concerned most of them are nothing more than just plain noise and instrumental in generating fees for brokerage houses.

One best example are the currencies where fundamentals are more consistent and known. Still only a month or so ago every one was praising the dollar and predicting the demise of the Euro. Some well know brokers were predicting the Euro will sink to 0.7 to the dollar, only to witness a sharp turnaround and now every one is praising the Euro and bashing the dollar.

The Euro raised 9.2% versus the dollar since July 6 to date............. as volatile as stocks (from .8350 to .9120)

Fundamentaly nothing has changed except the mood and I assume that positioning of the broker in those currencies.

BWDIK
Haim