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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: the Chief who wrote (1)5/16/2000 7:18:00 PM
From: the Chief  Read Replies (4) of 234
 
Shorterm

1 week. The Nasdaq will continue to churn attempting to find an equilibrium point many Inuts that are still floating about with huge multiples will be tested in this period. However, some of the Nas Biomeds and Pharmaceuticals will begin to take up the slack. Nas will float between 3650.12 and 3780.4532
Dow - will be on a role, Interest sensitive stocks will begin to waffle a bit, but will receive assurances from the
"anal retentive" (analysts) that they are OK! The net result will be the financials will take a little hit but only slightly, probably close down 3.13578% on the week. DOW will break 11,000 by Next Wednesday and will be at 11,067.453 by 2:56 EST....The close has not been seen in my "vision yet".

TSE - this market will be a smoker. Oil stocks will begin to get their just dues and resource stocks will start to move higher. TSE should hit and break 10,000 but not for a number of weeks yet. TSE will sort out their Teckie problems and NT/BCE break will be final by Friday. BCE go up, NT go down. TSE should be at 9,672.58 on Wednesday at 2:56PM EST

Remember "don't take life tooooo seriously!

the Chief
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