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To: JRI who wrote (108631)3/9/1999 5:00:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
John: Here is a new update from one of your friends on Wall Street:

<<Meanwhile, Ralph Acampora, chief technical analyst at Prudential
Securities, in a note today, said: "We believe there is plenty of follow
through to support a continued upward move. We think the majority of the upward movement will be concentrated in blue-chips, with some secondary participation."

His two targets for the Dow for 1999 are an initial target of 9800 and a
final target of 11,500. >>

I like his final target.....Yet, I'm a bit more bullish......If investors put Y2K into proper perspective and the economy keeps humming, IMO we could clear 12,000 before the new century begins <ggg> ..!!!!

Regards,

Scott