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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (48528)3/8/2002 9:02:39 AM
From: stockman_scott  Respond to of 65232
 
<<90% cash and very light in tech.>>

Murrey: I'm running about 80% in tech stocks (primarily in RSTN, ARBA and BRCD now)...the other 20%+ is a nice cash cushion AND I will not use any margin in market...I do think we are starting to see serious evidence of a recovery kicking in -- the market will respond appropriately and I would not be surprised to see the NAZ power above 2000 in the next few weeks (if not sooner)...=)

regards,

-Scott



To: Murrey Walker who wrote (48528)3/8/2002 9:34:54 AM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
Goldman's chief investment strategist Abby Joseph Cohen out with a note Friday morning saying recent economic strength reinforces the belief the Dow can reach 11300 and S&P 500 can rise to 1300 by year-end. If "investor risk tolerance increases," the Dow can head as high as 12400 and S&P 500, to 1425, Cohen says.


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