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To: Sig who wrote (9486)10/22/2002 4:37:46 PM
From: stockman_scott  Read Replies (1) | Respond to of 13815
 
Sig: There are lots of forecasters out there...

Stop over on 'The Golden JAckASS Thread'...Lurqer is forecasting a drop in the DOW to under 3000 by no later than '08...

Message 18143286

Message 18143513

That's QUITE A DROP from the current levels...I have a hard time seeing it go much below 6000 -- due to the low interest rates, slow economic recovery, significant liquidity, selective PPT actions, etc...Then again, some unfortunate economic trends and some very harsh terrorist attacks could shake investor's confidence enough to cause a profound sell-off...I remain cautiously optimistic (over long-term) and prefer to continue as a position trader...BWTHDIK...=)

regards,

-S2