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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (15573)1/3/2003 7:46:02 AM
From: Dave Doriguzzi  Read Replies (1) | Respond to of 57684
 
Lizzie,
CNBC had a market timer on last night who predicts the market movements based on the stars and planets alignments. He was rated #1 for last year by I think the main market timing magazine!

Anyway, his prediction (and I wasn't listening super close so don't hold me 100% to this) is that we rally a little more into mid-Jan, then we start heading towards the mexican border with new lows in the spring to late spring, then we rally into Oct/Nov, then we see another sell-off (not sure of the severity but I don't think he said new lows), then we go into a more sustainable longer term rally.

Funny part about it is that if you look at techs traditional stock price cycles and add in warning/earnings periods with a potential war I think his scenario is fairly plausible. He stated the worst day in his prediction was Feb 16.

Who the hell knows