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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (94733)4/26/2000 6:55:00 AM
From: Doug Robinson  Read Replies (1) of 120523
 
A lot of positive things yesterday. Still, with earnings season coming to an end the focus on the economy will intensify. There are some big economic reports out tomorrow and on May 16th the CPI comes out. That's the same day the FMOC meets. If Greenspan and company see evidence that things aren't slowing down but are accelerating a 50 point increase would probably cause a significant correction. If we've bottomed then any poor results in the economic results shouldn't send us to new lows this year. That's a big if IMHO.
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