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

To: Clappy who wrote (14278)	3/11/2003 2:31:27 AM
From: stockman_scott	Respond to of 89467

Bernie Schaeffer: My 2003 Market Forecast 1/3/2003 9:30 AM ET I expect the bulk of the damage to have occurred by mid-year or shortly thereafter, with a potential Dow low in the 5800-6000 area. I look for a rally beginning in the second half of the year that could take the Dow back above 8000, but only if the Dow first takes out the October 2002 lows and trades down to at least 6500. I see Nasdaq and the techs as being the least vulnerable to a first-half slide and the Nasdaq potentially posting a gain of up to 50 percent for 2003. I am most bullish on the small- and mid-cap techs – the "single-digit midgets." some thought that was too bearish and not likely to happen. so far he is pretty close to the mark.