Barry, >In the next few weeks we will start to hear some very bullish reports from the likes of Intel, AMAT, EMC, MSFT and the like. The upside surprises and bullish forward looking 2H00 outlooks from many sources will boost confidence and prices of certain equities to new never seen levels.
I like your scenario, and sincerely hope you're right and that nouveau bear, Brinker, is wrong. FWIW, I saw Acompura on Bloomberg early today. He thought that, near term, it was a stockpickers market, rather than an index one. He liked Intel, Dell, Coke, some others. Main reason was that they looked good technically, not having broken down in the last couple months. Later, he likes the market's chances going into the election, saying that's a historically good time. Then, he said to expect a pres. honeymoon rally out to March. He left it there.
I personally have no market predicting ability. I wake up every day and get surprised most of them.
Oh, I like those 4 stocks you mentioned!
Tony |
