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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: lurqer who wrote (8213)	10/18/2002 12:34:39 PM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

As stocks rally, Dow 4,000 is imminent...LOL...IMO, these guys are a little bit on the extreme side with their predictions... Elliott Wave's Prechter, Hochberg see impending drop cbs.marketwatch.com <<...The 30-stock Dow Jones Industrial Average will lose half its value in the next six months to about 4,000 on the blue-chip index, says Prechter. When it's all over several years from now, the Dow will trade below 1,000, Prechter says...>>

To: lurqer who wrote (8213)	10/18/2002 12:59:27 PM
From: orkrious	Read Replies (1) \| Respond to of 89467

the move was done because bonds kept going up while stocks kept going down continuously for two years. deflation or not, bonds can't keep going up at the same rate they have in the recent past. there's not that much room any more. and stocks are only going to be chased so far, given the weakening economy