Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (205)	1/28/1999 9:20:00 PM
From: Cymeed	Read Replies (1) of 779

<<< Any reason for the rally this afternoon, I see NASDAQ up 70+ .. incredible. >>> I believe the low ECI number really convinced institutional investors that the low inflation and high growth will continue for some time ..... I was worried a couple of days ago when I saw SPX dropped off the trend line, so I took 93% of my 401K money into money market account ...But today, SPX showed very good strength in addition to Nasdaq. Tech stocks still seem to be strong and leading...the others are lagging, including IBM those days. What do you take of this ???

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