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S&P 500
5,522.30
(
1.58%
)
US TECH 100
18,914.00
(
3.35%
)
Dow Jones
40,842.79
(
0.24%
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Brent Oil
81.43
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3.64%
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Post# of 79025
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Torqputty

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Torqputty

Re: SyndicateTwo post# 20386

Sunday, 02/12/2006 11:28:45 PM

Sunday, February 12, 2006 11:28:45 PM

Post# of 79025
cad92648, nasdaq 2900

welcome and good impression first day out..

I was laughing (out loud) at your numbers until i got to the part about 16 P/E. Now i'm not laughing. So, suppose your reading of the charts is correct (nasdaq to 2900). Besides the 16 P/E. What would be the catalyst? 900 points in 3months is a steep climb. Earnings? Fed lowers rates? Break-thru in energy supply?

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