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Strategies & Market Trends : Trader J's Inner Circle
NVDA 186.59-1.9%3:59 PM EST

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To: fiberman who wrote (36613)10/27/2000 10:37:58 AM
From: Softechie  Read Replies (1) of 56535
 
About AG. From 20/20 hindsight. I don't think he saw oil price went up that fast. Oil was another growth slower. Combining both oil price and high interest rate, you'll have inflation and economy slowdown. However inflation is in check for the moment. How about tight labor market. That should push up individual income but that's in check too. So we just have a slowdown in economy. I believe market will trade sideways between 3000 and 3500 until another growth spurs come along. Just IMO.
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