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The problem with prognostication is that it works both ways. you can make
similar arguments for it going.down. I like to have no opinion and trade
what I see.
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, January 30, 2003 8:06 AM
Subject: [RT] DJIA - the next 4 years
> Dear Earl,
>
> No argument with what you posted. It just does not seem to me that a
> major breakthrough will be needed to see Dow 10,000 again this year.
>
> 1.Once Iraq fear over
>
> 2.Once people realize that the caution expressed by executives is
> factored by their fear to be litigated for being over optimistic.
>
> 3.Regardless of economic plan approved, there will be some boost.
>
> 4.Housing starts and the peripheral purchases that translates to.
>
> 5.Plus much more...
>
> John
>
>
>
> ------------------ Reply Separator --------------------
> Originally From: "EarlA" <earl.a@xxxxxxxxxx>
> Subject: Re: [RT] DJIA - the next 4 years
> Date: 01/30/2003 07:39am
>
>
> I have posted this previously, won't change until we get a new ATH
> other
> than filling in the price ups and downs.
>
> 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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