Stock Attack -- A Complete Analysis Message Board

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

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To: donald sew who wrote (34380)	10/30/2000 10:22:49 PM
From: Jack T. Pearson	Read Replies (3) of 42787

Regarding the divergence of the DOW and the NASDAQ: I think I understand why people are pulling out of the NASDAQ--momentum is going the wrong direction for overvalued tech stocks. But I don't see what good news is making DOW stocks suddenly so extremely attractive. High growth in revenue and profits? Lower inflation? Lower interest rates? Extremely undervalued stocks? Is the market anticipating growth from higher fiscal stimulus (no matter who wins the election, and discounting Fed reaction)? Or are DOW stocks just more attractive relative to the NASDAQ?

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