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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (30713)	2/13/2000 7:48:00 PM
From: vish ramamurthy	Read Replies (1) of 50167

Hi Iqbal, what's your take on the market ? Opinion is evenly divided on whether we are heading into a bear market or we are in a corrective mode...the divergence between the Dow and the Nasdaq is worrisome to me, at least..for the new economy to thrive the old economy also has to do well..the Dow does not seem to have hit bottom and there isn't enough panic to call one..are we going to see the next shoe drop (meaning the nasdaq take a dive) ? or are going to pick ourselves up from here ? where do you see a bottom ? as far as rates are concerned i think the recent hikes will have an impact..i hope AG does not raise it again without pausing to reflect...is the market factoring in a series of hikes which will drive us into a recession ? your insights please... thanks, Vish

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