MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.34

+0.2%

Nov 3 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (64928)	12/23/2000 11:15:19 AM
From: majaman1978	Read Replies (2) of 99985

The Dow has not really corrected and I can easily see 7000 next year. This will take down the Nasdaq even more. Unfortunately it's the dow companies buying a lot of this high tech gear and if they slow down capital expenditures, watch out. It's already happed with a lot of this dot com garbage. People don't realize this. The rate cuts won't mean shit, either. Too little too late. Even if rates weren't raised at all this year the economy would have slowed. It's just part of the cycle. Go look at the early '70's markets, this is where we will be heading basically in the same direction. The Dow and Nasdaq won't take huge tumbles but just bleed to death.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next