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

From: "Boyd" <theboyd@tisd.net>
Subject: Re: [CANSLIM] O.T. - Market predictions...
Date: Mon, 22 Jul 2002 19:34:12 GMT

Next Article (by Date): Re: [CANSLIM] LU Cup and Handle "Patrick Wahl"
Previous Article (by Date): Re: [CANSLIM] LU Cup and Handle "Winston Little"
Next in Thread: RE: [CANSLIM] O.T. - Market predictions... "Duke Miller"
Articles sorted by: [Date] [Author] [Subject]

Saw her on the tube this weekend and she is still bullish.  Some Bob Dylan
song lyrics come to mind:  "You don't need a weatherman to know which way
the wind blows."

norm


Bill Triffet writes:

> 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.
> 

- -
- -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.