ajtj99's Market Pulse

[titan3]

http://moneycentral.msn.com/content/P132295.asp

SuperModels
Super-bulls set sights on Dow 40,000

A growing group of forecasters see a monster-sized rally just ahead.

<<Louis Navellier, the fund manager and newsletter publisher, is typical of the mega-bulls, advising private clients over the past weekend that their “best buying opportunity in six months” was last Friday. “If you have any cash, invest it right now,” he wrote. "The next few weeks will be phenomenal.”

One prominent analyst who is looking for quite the opposite of a bull move is veteran technician John Murphy. In a note to clients over the weekend, he said a combination of Elliott Wave analysis, the four-year presidential cycle, seasonal trends, weekly and monthly index charts, sector rotations, rising inflation and higher interest rates have persuaded him that the cyclical bull market that started in the spring of 2003 “is just about over.” He added: “The most dangerous time for the market is the autumn of 2005 to the autumn of 2006.">>


Who to believe!?