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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Peace who wrote (30400)9/20/2000 4:33:45 PM
From: dennis michael patterson  Read Replies (1) of 42787
 
Peace, there is good reason to be optimistic. Today was all about the NDX. The ONLY possible problem I see is sector rotation, i.e., Dow collapses as $$ moves to the Naz. The counterargument is that oil does not hurt Nazdog stocks AND the falling Euro impacts tech companies far less than old economy stocks (Chambers spoke to this yesterday). As long as people believe these 2 propositions, we will continue to go higher.
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