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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (1387)5/2/2000 9:17:00 PM
From: Sergio H  Read Replies (1) of 30051
 
Zeev, agreed on the multiple factors.

Throw earnings into the mix as well. Market is also factoring in a short term top on earnings growth. Add a dash of inflation while we're at it, evidenced by the strengh of the dollar and the pop in natural resources from natural gas to gold. Excess of IPOs, excess of margin, end of lockout periods, the Microsoft split up and plain old greed locking in profits add seasoning.

Sergio
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