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Earl
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: "ChasW" <cwwaring@xxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, January 29, 2003 11:46 AM
Subject: [RT] DJIA - the next 4 years
> Dear Group,
>
> I have respect for the opinions of others and also TA along with
> various prognosis. I also have come to my own conclusions for the
> next four years based upon my own fundamental indicaters...and an
> astute financial adviser who is a contrarian for whom I do not wish
> to advertise or promote.
>
> We are in a dampened recovery phase with a great deal of fear and war
> lament. Fear produces these market gyrations.
>
> 2003 I expect the Dow to come close or = 10,000 at some time this
> year. I see the low most likely in, but worst case at 6600.
>
> 2004 I expect the Dow to peak between 10,500 and 11,000 with a low of
> 8500 or thereabouts.
>
> 2005 I expect the Dow to peak at 11,500 to 12,000 and have a low of
> 9000 or thereabouts.
>
> 2006 I expect the Dow to peak at 13,000 or more and have a trough of
> 10,000 or so.
>
> I would be curious to see what others see from their charts for these
> time frames...regardless of bases.
>
> Back to the beach,
>
> John
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