Analysts, Gurus &amp; Pundits

Top 92. Mar 24, 1999 8:17 AM

» Kirk - Pundit Summary

Good Point, Jay

Lets calculate what the different pundits are predicting assuming DJIA is 9700 and S&P500 is at 1263: I also list interest rate predictions that they give.

Ralph Acampora DJIA 11,500 (up 19%)

Joe Battipaglia DJIA >10,000 and toward 11,000; 30yr bond 5.25%

Bob Brinker S&P500 1310 to 1340 (up 3.7% to 6.1%); 30yr bond 4.75 to 5.50%

Abby Cohen: S&P500 1325 (up 3.8%)

Elaine Gazerelli: DOW 11000; S&P500 1,400 (up 11%); 10yr Bond to 4%
http://www.garzarelli.com/default.asp

Babson and Tice - Armageddon!

Kirk's Comments:

Abby and Bob's predictions sure makes GNMAs look good until we get some earnings momentum!
To me, it says do not be in a hurry to put new money into the index funds.
I do think there are some outstanding values in some individual stocks for you stock pickers.

Time will tell. Of course, I am rooting for Joe B for levels since it means we get richer, but I think it will take Elaine's bond pricing to get there. I do believe 4% is reachable when we get the Y2K flight to quality later in the year.

Sentiment is 55% or so.... I doubt we will see much of a big correction on the horizon if this continues. I think we just extended our old S&P 500 trading range into the 1300's from its old 1275 limit. Again, any chart reader can tell you that we have not had a correction in the S&P500 in 1999, just a trading range. When the Kosovo scare ends, we may extend the trading range even higher.

Hey, if I am right, can I be a "pundit" too? 8)

-- posted by Kirk

Top 93. Mar 30, 1999 10:38 AM

» JackSwanson - ALERT!!!!!!!

Harry Dent just appeared on CNBC...

He calls for:

1)40,000 dow by 2008
2) world economies improving
3) resistance at dow 10,100 but then,
4) a move to dow 13,000 in year 2000 sometime.

He is most bullish on tech stocks, and is not big on japan because of poor demographics there. The demographics, Dent says, are real good in the rest of the Asian Tigers though.

-- posted by JackSwanson

http://www.fabmktbabe.com/

Top 94. Mar 31, 1999 8:14 AM

» Mark_J - The Fabulous Market Babe - quote o da day

"Personally, I've been calling this for a while." -- Ralph Acampora explaining his "vision" of Dow 10,000.

The Fabulous Market Babe replies: Right...and you've also been calling for Dow 9300, Dow 7500, Dow 8900, Dow 7200...

-- posted by Mark_J

Top 95. Apr 7, 1999 10:10 AM

» TONYBRIG - Don Lane

Not my favorite and I would hardly call him a
GURU. His calls in the nut STOCKS were deplorable.
"GET A JOB"

VBOLHH

-- posted by TONYBRIG

Top 96. Apr 8, 1999 8:00 AM

» TONYBRIG - Gabelli

This guy is touted as one of the best STOCK PICKERS!

Can we see some proof?

Dan
kirk

VBOLHH

-- posted by TONYBRIG

Top 97. Apr 13, 1999 12:35 PM

» KirkL - Common Sense on Mutual Funds

Bogle's new book Common Sense on Mutual Funds : New Imperative for the Intelligent Investor is now available!!!

Book List

-- posted by KirkL

Top 98. May 3, 1999 5:44 PM

» JenL_3 - "Correction - Smorrection!!"

Today, as the market reached DOW 11,000 for the first time, Ralph Acampora was interviewed on the local Business Radio station. If I remember his words correctly, he said:

"Those people that are calling for a correction, just want to look smart for being out of the market. I say Correction - Smorrection! The Market's gonna Consolidate, it's gonna Rotate, and it's gonna go Higher!"

So sayeth King Ralph......Jen

-- posted by JenL_3

Top 99. May 17, 1999 7:26 AM

» KirkL - The Queen of the Bulls Still Stays the Course

The Queen of the Bulls Still Stays the Course
------------------------------------------------------------------------
The New York Times: Your Money

For followers of Abby Joseph Cohen, investment strategist at Goldman, Sachs, it probably seems like a reflex reaction. Bad news prompts a market selloff. Ms. Cohen, a perennial bull, tells investors not to fret.

It happened again on Friday as the Dow Jones industrial average lost 193.87 points on the news that the Consumer Price Index rose an unexpectedly sharp 0.7 percent last month, fueling inflation fears. Speaking at a Goldman, Sachs conference, Ms. Cohen said the concerns were overdone.

"We don't believe we are on the cusp of an increase in inflation," she said, adding that excess capacity in many industries and stable commodity prices will temper price increases.

The Standard & Poor's 500-stock index is in a trading range of 1,300 to 1,350, and it may get a boost as companies report second-quarter profits, Ms. Cohen said. "The direction of the S&P will be higher," she said.

Ms. Cohen added that she didn't expect a "significant spike" in interest rates. For the year, she said, inflation will be 1.5 percent to 2 percent. (Bloomberg News)

-- posted by KirkL

Top 100. May 17, 1999 7:37 AM

» RandeS - Kirk,

Kirk,

Abby makes sense to me. Oil is currently off almost 7% from its early-May highs. Why, if this keeps up inflation could be negative for the month. Imagine that. Best to keep our eyes on the long-term ball -- nothing has changed with regard to the disinflationary pressures inherent in the Internet and global competition. The "bottoming out" of the Rim and Latin America is a fragile best-guess as well. Amazing that some can turn bearish based on a bullish argument for global recovery, but there it is. Always something to worry about when we focus on the day-to-day.

-- posted by RandeS