(January 3 – 10:00 ET) – The U.S. stock market “could literally double over the next five or six years,” says Ralph Acampora, director of technical
research at Prudential Securities.

Acampora also predicts the Nasdaq could break the 5,000 level this year. He says the market will continue to be driven by concepts, not earnings. Acampora forsees opportunities in Germany and Italy as the introduction of the Euro currency and an increasingly deregulated environment are expected to catapult those markets to new heights.

Acampora’s top picks for 2000 are Dell and Microsoft, which he expects will double in the coming year, and Immunex which he predicts will go up by 50-75% this year.
-IE Staff