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To: catchingwave who wrote (9940)4/7/2003 11:25:42 AM
From: GREENLAW4-7  Respond to of 10157
 
When its too late.



To: catchingwave who wrote (9940)4/7/2003 11:33:16 AM
From: bcrafty  Respond to of 10157
 
catchingwave - when?

For arguments sake how about late June when the next major Bradley turn occurs (after the 4/11 turn), or when targets for A = C are close to being hit, Dow 9263, SPX 975, Naz 1666.

What will drive it higher? Continued institutional accumulation and short covering among other factors.

Right now "the stock market has disconnected from current economic reality" but so what, nothing else is new; it happened with the October rally, and the July rally, and the fall '01 rally, etc.
financialsense.com



To: catchingwave who wrote (9940)4/7/2003 11:36:36 AM
From: BirdDog  Read Replies (1) | Respond to of 10157
 
seems to me that pretty much all the good rumors/news are in...

Is there even a 50/50 chance that the companies could do better six months from now? We have a President and Fed Chairman who have no qualms about trying to manipulate the market.

Also the market leads the economy. It's a fact.

Lowry's had a good case for this to be a decent run. Says this is the best bottom we've had in three years.

If the Bond Market has in fact topped. Money coming out of there can fuel a good intermediate term bull.

On the other hand. All we have left opposing in Iraq are the nut cases. How much of a chance is there that just a handful of them will release chemical weapons in Baghdad? How much of a chance they will decide to take as many with them they can since they are going to die anyways? If this happens...the market is dropping like a sack of hammers.

How much of a chance Saddam has distributed Bio/Chem-weapons to Al Queaida to use here in the US? How long will it take for them to succeed?

Things keep looking worse for companies. Just worse. How long can they keep this pump job going?

BirdDog



To: catchingwave who wrote (9940)4/7/2003 2:07:28 PM
From: 1podstock  Read Replies (2) | Respond to of 10157
 
catchingwave: a number of factors could drive markets even sky higher. For example

1. "bin Ladin is dead" rally
2. "Saddam is dead" rally
3. "Uday is dead" rally
4. Qusay is dead rally

.
,
and the mother of all rallies

"bin Ladin, Saddam, Uday, and Qusay are all dead rally" -- this should get us a 10-20+% move in ONE day.

lolol