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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: tcarnes who wrote (3280)2/19/1998 6:41:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 18691
 
From Street.com: Just a small portion within the discussion of today's action

....Although Rice believes in the ongoing health of the bull market, he feels confident that the record run of the Dow and the S&P 500 has come too quickly. "You look at other strategists, like Abby Joseph Cohen [of Goldman Sachs], saying 8700 for the end of the year -- 10 more months -- and we're 3% away," Rice said. "Let's say you get a 10 or 15% correction this time around. Three percent upside, 10, 15% downside -- I don't like those odds." ...

thestreet.com