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To: donkeyman who wrote (1464)11/23/1998 10:53:00 PM
From: waldo  Respond to of 37507
 
Monday November 23, 9:27 pm Eastern Time

Damage of summer undone, Dow sets sights on 10,000

>>Froehlich was one who reiterated in late September he expected the Dow to reach his target of 10,000 by the end of the year, at the time the highest forecast among a number of analysts polled by Reuters.

At the time he had trimmed back the odds of reaching the mark to about 50-50.

And now?

''Now I'd ratchet it up a little,'' he said. ''Now I'd say it's 90-10.''<<

biz.yahoo.com

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To: donkeyman who wrote (1464)11/23/1998 11:01:00 PM
From: waldo  Read Replies (1) | Respond to of 37507
 
When Fleckenstein starts talking this way...you know were going higher. He is the biggest bear out there:

>>No shortage of speculation... The Internet stocks, of course, paced today's speculation, but there was plenty to go around. The bank stocks and anything to do with tech were screaming higher. It probably was the single most speculative/frothy day that I have seen in the past five years. Today, without question, took the cake. But given how we closed, we are bound to try to march higher again tomorrow.<<

stocksite.com

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