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


To: Sam Citron who wrote (63840)5/16/2002 5:14:57 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Sam, that was a quick change of mind by Ken Fisher. In his Forbes 5/27 column he still says >At and around real bottoms, optimism is basically wiped out and investors don't stretch for return; they duck for cover. Stretching reflects partial optimism, which reflects excess demand for stocks, which presages still more ugliness ahead.<

forbes.com

Gottfried



To: Sam Citron who wrote (63840)5/16/2002 5:39:59 PM
From: Tito L. Nisperos Jr.  Respond to of 70976
 
Ken Fisher, if I'm not mistaken, was so Bearish he predicted Nasdaq Lows of 1200 and 1365 or so for the years 2001 and 2002 respectively. He was wrong in 2001 but might still be proven right this year, who knows. Now that he is changing his tune which is Good News to the Bulls, he might still get his Lows for the year.

That is if the Bears who are accustomed to Selling on anything that is Good News for the Bulls --- will sell again for this Good News coming from Fisher.