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Allan Colmes "Magic Eye-Ball" answers
your questions about the market
October 22, 2002 - We've
updated the Allan Colmes Magic Eye-Ball Stock Picks with the results
as of October 21, 2002. In all fairness, the Allan Colmes Magic
Eye-Ball predicts what the stocks value will be at the end of the
year. However we wanted to check in and see how he's doing so far.
July 16, 2002 - Wall Street volatility
of late has more than a few investors worried over how best to
manage their finances. Many who felt confident enough to go it alone
during the bull market stampede are now turning to professionals for
advice.
Al Colmes 'Eye-Ball'
correctly predicted that the New England Patriots would
win Super Bowl XXXVI. More Information.... |
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While we can not help with professional
advice, we have been able to secure the services of the Virtual
Allan Colmes "Magic Eye-Ball". While this is nothing but a
computer-generated interactive assistant that can only answer 'YES'
or 'NO' questions, we feel that in the current state of the market,
even the credibility of the Virtual Allan Colmes Magic Eye-Ball is
impeccable.
Question: I've always been a
do-it-yourselfer, but with the uncertainty of the market these days,
I'm starting to think that I might need a financial advisor. Do you
believe I should get one?
'Magic Eye-Ball'
Answer: Yes
Question: I'm looking at getting
into the market and I believe that technology and telcom stocks is
the place to be. Do you see these types of stocks bouncing back in
2003?
'Magic Eye-Ball'
Answer: Yes
Question: In the past, people
have steered clear of low yield "safe" investments. I feel they are,
at present, the best place to keep money. Am I correct?
'Magic Eye-Ball'
Answer: No
Question: A few years ago I
recall hearing that only 10% of the public had ever taken a cruise.
Does this suggest some strong growth opportunities?
'Magic Eye-Ball'
Answer: Yes
Question: Is gold a good place to
put your money right now?
'Magic Eye-Ball'
Answer: No
Question: Overall, do you see the
markets being up by the end of the year?
'Magic Eye-Ball'
Answer: Yes
Stock Outlook
Now we ask the Virtual Allan Colmes
Magic Eye-Ball to predict what stocks will go up, and what stocks
will go down. Since the ability of the Virtual Allan Colmes Magic
Eye-Ball to respond is severally limited, we will ask questions in
the following format, "Will 'stock symbol' be more valuable than it
is now by the end of year 2002?". A 'YES' answer will result in an
UP on the chart below, a 'NO' will result in a DOWN.
|
Symbol |
Company |
Pick |
Result as of
10/21 |
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CSCO |
CISCO SYSTEMS |
DOWN |
Down 3.32 |
|
INTC |
INTEL CORP |
UP |
Down 2.91 |
|
MSFT |
MICROSOFT CP |
UP |
UP 1.26 |
|
AMGN |
AMGEN |
DOWN |
UP 17.51 |
|
PFE |
PFIZER INC |
DOWN |
UP 3.72 |
|
TYC |
TYCO INTL |
UP |
DOWN 0.30 |
|
XOM |
EXXON MOBIL |
DOWN |
UP 0.80 |
|
AOL |
AOL TIME WARNER |
DOWN |
UP 0.44 |
|
F |
FORD MOTOR CO |
UP |
DOWN 2.95 |
|
WMT |
WAL-MART STORES |
DOWN |
UP 6.40 |
|
YHOO |
YAHOO INC |
UP |
UP 1.20 |
|
ECLG |
ECOLLEGE.COM |
DOWN |
DOWN 0.55 |
|
RX |
IMS HEALTH |
DOWN |
UP 0.54 |
If you have questions about a particular
stock that we did not mention, you can ask the Allan Colmes Magic
Eye-Ball directly by following this
link.
Please note that all information
provided on this page is for entertainment purposes only. If at any
point you seriously thought about using the advice provided on this
page to make real decisions with real money, we have this
suggestion: Get out of the markets and keep all your money in a shoe
box under your bed. Be sure to write the word 'MONEY' on the lid in
case you forget what is inside the box.
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