Re: [CANSLIM] Market, Nasdaq 100

From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Market, Nasdaq 100
Date: Sun, 24 Feb 2002 11:53:22 -0500

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To the opposite extreme, one analyst predicted a 5000 Dow this year. What
causes me concern is their profession starts with anal.

L8ter
DanF
- ----- Original Message -----
From: "Al French" <alfrench@mindspring.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, February 24, 2002 11:12 AM
Subject: Re: [CANSLIM] Market, Nasdaq 100


> > (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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