Re: [CANSLIM] Market, Nasdaq 100


From: "Al French" <alfrench@mindspring.com>
Subject: Re: [CANSLIM] Market, Nasdaq 100
Date: Sun, 24 Feb 2002 11:12:32 -0500

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> (remember the books of a few years ago - Dow 30,000, and I think
there was
> also a  Dow 50,000.  Wonder where the authors stand on this
now.)
>

Jim Glassman lives here in Washington, DC and stands behind his
forecast of a 30,000 Dow.  It is simply a projection of the Dow's
trend, inflation, and his belief that the long term future will
look much like the past.  I don't recall what time frame he used,
but it was too long to be pertinent to what may be expected this
year.

Adjusted for inflation, a 30,000 Dow doesn't seem extreme, at
least to someone who can remember nickel cokes and 75 cent
haircuts.

Al French




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Next Article (by Author): AW: [CANSLIM] Market, Nasdaq 100 Andreas Himmelreich
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Next in Thread: Re: [CANSLIM] Market, Nasdaq 100 "Dan Forant"
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