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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Tenpole who wrote (6508)	10/28/1997 9:05:00 AM
From: Kulnor	Respond to of 79273

A few quotes from briefing.com... Morgan Stanley: says panic selling has created buying opportunities, citing AMR, LLY, HD, and CSCO among top bets... Ralph Acampora of Prudential: sets new, lower range for Dow of 6900 to 7300 but says stage is set for big year-end rally... Abbey Joseph Cohen of Goldman Sachs: strategists raises asset allocation in stocks from 60% to 65% in her "balanced" fund, lowering cash from 10% to 5%, with rest in bonds and commodities. Still likes banks... Global Update (7:50 ET) Hong Kong closed -14%, Tokyo -4.2%, Germany -7.5%. Paris currently -8.7%, and London -6.9%. S&P futures trading -13 points, but was earlier locked limit down at -15. P