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Strategies & Market Trends : Waiting for the big Kahuna

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To: Mephisto who wrote (47193)4/29/2000 9:36:00 AM
From: GROUND ZERO™  Read Replies (3) of 94695
 
The stocks that are most sensitive to interest rate changes are in the DOW average itself, so I would expect the DOW to move much lower over time... the SP's will also suffer... the only one of the three major averages that are somewhat immune to the rate situation is the NAZ and I think that market may actually be the benefactor of higher rates due to a cash flight into technologies.....BWDIK

My position is to remain short the DOW and the SP's and remain long the NAZ... but, I really don't have a clue, so don't follow me.....<g>

GZ
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