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 : Rande Is . . . HOME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rande Is who wrote (23601)4/7/2000 8:33:00 PM
From: DlphcOracl  Read Replies (1) of 57584
 
Rande Is: I guess I am a bit more optimistic than you are. I think very solid tech earnings, analysts upgrades, and recent selloff will combine to give good results for most of next week. However, I remember April 15th (tax-day) marking the beginning of a nasty slide in the internets and many other techs. I will be 100% cash in my trading (non-taxable) account before next weekend.

I suspect that the markets will become increasing volatile and negative as we approach the May 16th Fed meeting. The media will play it for all it's worth and there will be greater than usual hysteria about a .5% rate hike. Won't happen, of course -- and should provide a nice sharp NASDAQ decline for profitable swing trades.

I still cannot stomach the idea of buying into REITS. They have been the most underperforming asset over the last several years. I'd be interested in knowing your "method behind the madness" on this one. I'll be looking at : financials, European mutual funds, and New-Age energy stocks, with a few selected undervalued tech stocks for the summer.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext