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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (1911)12/13/1998 12:57:00 PM
From: SteveDavis  Read Replies (1) | Respond to of 56535
 
Barbara T,

I have seen/heard many analysts using a price target of $50 by the end of the year or Jan 15. There is a tremendous amount of money that has to come into the market. It will go into the CPQ's of the world. I really do expect it to hit $50 before 12/31. It might sell-off as that is a known price target but I think it is at least a 70% chance.

Now, the impeachment process could derail that but you would still be in good shape for late Jan, IMO.

I think I'll re-enter and we can ride up together.

Steve Davis