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Strategies & Market Trends : Waiting for the big Kahuna
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To: sandeep who wrote (46192)3/6/2000 10:34:00 PM
From: Madharry  Read Replies (1) of 94695
 
I too have been watching GE and it seemed to have rallied from the dead and rallied strongly at that. It seems to me that most of the dow should be hurting with the prospects of coninuted interest rate hikes and oil at high price and the announcement that gas prices are going to go up another 20-30 cents this summer may not do a whole lot of good for car sales. I imagine SUV will be sold with very large rebates this summer. On the otherhand every trader on the planet would love to be able to do it from the swimming pool. beach , or cruise line. So wireless and internet devices will continue to be hot.
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