SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trebor who wrote (2754)1/12/1998 12:10:00 AM
From: hb   of 42834
 
For the first time, money flow into spiders is going down in the last 4 weeks. One possibility is spider will make a low of 90/91. The other is 85/86. If the earnings on S & P is being revised downward (this usually happens as one approaches 98 year end)on a weekly basis, and bonds stay where it is now, no reason to expect a major bull this year. It could be flat overall and down at times. The effect of currency devaluation will be seen by mid year onwards. How long - hard to predict.
Tech companies - there is too much capacity available in manufacturing (fab/assembly). Until this is rectified by closing of plants or delaying, not much hope for major upturn for 6 months or even 1 year. Companies leading in technology with lower cost will win out this year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext