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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (20137)6/24/1999 6:45:00 PM
From: Richard Query  Read Replies (1) of 53068
 
market thoughts

things could get ugly for the market, or could just stay in this trading range until 200dma catches up. The Dow historically has tested it's 200dma each year, even the last few which as we all know have been stellar. Problem is the 200dma is around 9500 now. With interest rates rising my bet is we go down to it rather then wait for it to catch up. The cave is open.

Rick
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