[CANSLIM] O.T. - Market predictions...

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: [CANSLIM] O.T. - Market predictions...
Date: Mon, 22 Jul 2002 11:39:04 -0700

Next Article (by Date): [CANSLIM] LU Cup and Handle "Donald Wallker"
Previous Article (by Date): RE: MILSNAC ( formerly: [CANSLIM] M - How low will it go - revers e CANSLIM.) "Cefaloni, John L Jr. [AMSTA-AR-WEA]"
Articles sorted by: [Date] [Author] [Subject]

Thought you all might get a kick out of this. I snipped it from a CNBC April
19, 2002 article:

++++++++++++
Abby Joseph Cohen says Dow 11,300

During the premier of CNBC's 'Louis Rukeyser's Wall Street', Abby Joseph
Cohen called for a 10% rise in the Dow and 15% in the S&P 500. Also, a huge
earnings week ends with the major indexes all up. But where do we go from
here?

Goldman Sachs investment strategist Abby Joseph Cohen said late Friday
during the premier of the CNBC show "Louis Rukeyser's Wall Street" that she
expects the Dow Jones Industrials to rise 10% by the end of the year, and
the S&P 500 Index to jump 15%.
She said she set her targets -- 11,300 for the Dow and 1,300 for the S&P
500 -- relatively high because she believes the basics of the economy are
sound, inflation is modest and the Federal Reserve "wants to encourage a
long period of good growth" and will not raise interest rates prematurely or
dramatically.
+++++++++++++++

Looks like we need only 41% from here to reach it.(g)  I don't know why they
insist on making predictions...Made for a good chuckle.

- -Bill






- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.