SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (12379)12/28/1997 7:51:00 AM
From: bearshark  Read Replies (3) | Respond to of 94695
 
Here are my picks for 1998.

DJI: High--7990; Low--5731; Close--6135

SPX: High--976; Low--765; Close--810

Nasdaq: High--1561; Low--1258; Close--1315

Business Events

1. Annual economic growth slips to 1.8 percent.

2. Organized labor asserts itself as wages in the service sector continue to climb.

3. FOMC raises discount rate at end of year to cool inflationary expectations.

4. Light Sweet Crude drops below $16.50 on New York Merc.

Tommaso, it is not that much different from your expectations. I am going with the 1966 to 1974 scenario to cool this bull down. That should get us to DJI 10,000 sometine in 2007.