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

To: hmbsandman who wrote (15955)	1/27/2003 7:09:35 PM
From: fedhead	Respond to of 57684

Dow 5000 is not that outlandish. How many people thought that the NASDAQ would hit the low 1000's in 2000. If the Dow and the S&P 500 were to replicate NASDAQ's performance 5000 doesn't seem that far fetched at all. Remember the bear's job is to keep most people on board as it keeps going down a function it has performed admirably what with over 50 % of US households still in equities after 3 years of a declining market. I have a feeling that is going to change this year as the realisation that they are never going to get out even sinks in with the vast majority of the public and they finally call their brokers to "sell everything". Anindo