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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 692.27

+0.3%

Jan 15 4:00 PM EST

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To: Iris Shih who wrote (21688)	6/23/1999 7:52:00 PM
From: Clint E.	Read Replies (3) of 69799

Iris, I read the interest rate news. I don't expect a strong economy to derail this bull market unless inflation worries are proven valid. I am not talking about just ~2% annually. As a consumer, I can live with that given I see a salary increase in the order of 4-7% every year. This kind of talk is good for our usual 10-20% correction and could very well be what triggers a correction in the coming months. Meanwhile, Let's get pushed up so high that any correction could be treated as a buying opportunity(oversold mentality based on 52-wk high). Clint

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