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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (409)	10/13/2001 1:20:38 PM
From: marginnayan	Respond to of 99280

If U.S were to get a major victory against terrorists, such as toppling of Taliban regime or Bin Laden getting killed, prior to Nov 7, then will it change your short term top at 1793 on Nov 7 ? prior to Dec 19, then will it change your final bottom target on Dec 19 ? Is it a must to have this final double bottom before the next bull run driven by low inflation and fiscal and monetary based stimulus ? The uncertainty in the stock market in terms of war against terrorists , I think is the single most driving factor right now. The profit picture is not going to change for better until next year. Even if it does, then does current P/E seem reasonable ? Some say no based on historical P/E. Some say yes based on inflation and long bond yields. Tom Galvin of CSFB did a detailed analysis of S&P P/E and he thinks S&P is undervalued. Thanks.

To: Zeev Hed who wrote (409)	10/13/2001 2:00:11 PM
From: Crimson Ghost	Respond to of 99280

Zeev: Do you also have targets for the Dow and S&P 500? Namely the early November peaks and the mid-December lows.